graphic
News > Companies
United Tech tops forecast
July 18, 2001: 7:17 a.m. ET

Diversified manufacturer sees profit, revenue rise; affirms guidance
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Diversified manufacturer United Technologies Corp. posted improved second quarter profit Wednesday that edged past Wall Street expectations for the period, and the company said it expects earnings growth to continue at a 15 percent annual rate.

The company, which makes everything from jet engines to air conditioners to elevators, earned $588 million, or $1.16 cents a diluted share. Analysts surveyed by earnings tracker First Call were looking for it to earn $1.15 cents a share, up from $509 million, or $1 a share, earned in the year-earlier period.

Shares of United Technologies (UTX: Research, Estimates), a component of the Dow Jones industrial average, gained $1.56 to $76.56 in Tuesday trading. graphic




graphic


© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
| Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council