United Tech Q4 Earnings Fall, But Beat Expectations
Posted on January 23, 2013 at 14:09 PM EST
United Technologies (UTX) earnings fell but still beat expectations in the aerospace and construction equipment maker's first quarter since acquiring Goodrich. The maker of Pratt & Whitney jet engines and Sikorsky helicopters said Q4 EPS fell 29% to $1.04, beating analyst expectations by a penny. Sales rose 10% to $16.44 billion, falling short of the $16.63 billion analysts were expecting. Shares were up nearly 1% in midday trading Wednesday. CEO