United Applied sciences (UTX) Tops This fall Earnings and Income Estimates

HomeInvesting

United Applied sciences (UTX) Tops This fall Earnings and Income Estimates

Unite


United Applied sciences (UTX) got here out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.95 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 5.43%. 1 / 4 in the past, it was anticipated that this maker of elevators, jet engines and different merchandise would publish earnings of $2.03 per share when it really produced earnings of $2.21, delivering a shock of 8.87%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.

United Applied sciences, which belongs to the Zacks Diversified Operations business, posted revenues of $19.55 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.66%. This compares to year-ago revenues of $18.04 billion. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.



nasdaq.com