United Technologies Corp. (NYSE: UTX) reported fourth quarter and full year earnings before the market opened this morning. The company posted quarterly EPS of $1.47 on revenue of $14.97 billion. The consensus estimate called for EPS of $1.46 on revenue of $15.07 billion.
For the full fiscal year, UTX posted EPS of $5.49 on revenue of $58.2 billion. The consensus estimate called for EPS of $5.48 on revenue of $58.34 billion. Again, earnings a little better, and revenues a little worse than expected.
For the current year, UTX expects to post EPS of $5.80-$6.00 on revenue of $59-$60 billion. Neither estimate includes the company’s pending acquisition of Goodrich Corp. (NYSE: GR), which is expected to close in mid-year.
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