Investing.com - United Technologies (NYSE:UTX) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.91 on revenue of $18.37B. Analysts polled by Investing.com expected EPS of $1.71 on revenue of $18B. That compared to EPS of $1.77 on revenue of $15.24B in the same period a year earlier. The company had reported EPS of $1.95 on revenue of $18.04B in the previous quarter.
For the year, United Technologies shares are up 28.58%, outperforming the Dow 30 which is up 14.97% year to date.
United Technologies follows other major Capital Goods sector earnings this month
On Thursday, Honeywell reported first quarter EPS of $1.92 on revenue of $8.88B, compared to forecasts of EPS of $1.83 on revenue of $8.63B.
ASML ADR earnings beat analyst's expectations on Wednesday, April 17, 2019, with first quarter EPS of $0.95 on revenue of $2.52B. Investing.com analysts expected EPS of $0.55 on revenue of $2.38B
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