United Technologies reports Q1 adjusted EPS $1.91, consensus $1.71
Reports Q1 revenue $18.4B, consensus $18B. "United Technologies is off to a strong start in 2019," said UTC Chairman and CEO Gregory Hayes. "Sales were up 20% with all four businesses contributing to the robust 8% rganic growth in the quarter. Earnings and cash flow exceeded our expectations for the quarter reinforcing our confidence in the full year financial outlook, including our improved adjusted EPS range of $7.80 to $8.00. We made significant progress this quarter on the integration of Rockwell Collins and saw excellent performance from the combined Collins Aerospace business. Preparations for our portfolio separation are progressing well, and we remain on track to establish Otis and Carrier as independent companies in the first half of 2020."