United Technologies Corporation (UTX) CEO Greg Hayes on Q3 2019 Results - Earnings Call Transcript

Oct. 22, 2019 3:52 PM ETUnited Technologies Corporation (UTX) StockUTX
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United Technologies Corporation (UTX) Q3 2019 Earnings Conference Call October 22, 2019 8:30 AM ET

Company Participants

Greg Hayes - Chairman and CEO
Akhil Johri - EVP and CFO
Carroll Lane - VP, IR

Conference Call Participants

Carter Copeland - Melius Research
Julian Mitchell - Barclays
Kristine Liwag - Bank of America Merrill Lynch
Steve Tusa - J.P. Morgan
Nigel Coe - Wolfe Research
Sheila Kahyaoglu - Jefferies
Jeffrey Sprague - Vertical Research Partners
Peter Arment - Robert W. Baird & Co.
Doug Harned - Bernstein
Robert Spingarn - Credit Suisse
Rajeev Lalwani - Morgan Stanley

Operator

Good morning, and welcome to the United Technologies Third Quarter 2019 Earnings Conference Call. On the call today are Greg Hayes, Chairman and Chief Executive Officer; Akhil Johri, Executive Vice President and Chief Financial Officer; and Carroll Lane, Vice President, Investors Relations.

This call is being carried live on the Internet, and there's a presentation available for download from UTC's website at www.utc.com. Please note, except where otherwise noted, the company will seek to results from continuing operations, excluding restructuring cost and other significant items of non-recurring and/or nonoperational nature, often referred to by management as other significant items. The company also reminds listeners that earnings and cash flow expectations and any other forward-looking statements provided in this call are subject to risks and uncertainties.

UTC's SEC filings, including its Forms 10-Q and 10-K, provide details on important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, in connection with the proposed Raytheon merger to be discussed today, UTC has filed with the SEC a registration statement which includes a prospectus of UTC and joint proxy statement of UTC Raytheon that will contain important information about UTC Raytheon the merger and related matter.

Once

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