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More on United Tech (UTX +0.3%) Q4: net profit +55% to $2.06B, boosted by $1.05B gain from sale...
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Wednesday, January 23, 8:29 AM ETMore on United Tech (UTX +0.3%) Q4: net profit +55% to $2.06B, boosted by $1.05B gain from sale of Hamilton Sundstrand ops. Profit from continuing ops -26% to $945M as costs jump 18% to $14.79B. Pratt & Whitney sales +12%, profit -30%; Otis -0.2% and -9.4%; UTC Aerospace Systems sales more than double and earnings rise 33%, helped by Goodrich acquisition. Forecasts 2013 EPS of $5.85-6.15 vs consensus of $6.05.
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