HARTFORD (dpa-AFX) - United Technologies Corp. (UTX) reported earnings for third quarter that fell from last year.
The company's earnings came in at $1.24 billion, or $1.54 per share. This compares with $1.33 billion, or $1.67 per share, in last year's third quarter.
Excluding items, United Technologies Corp. reported adjusted earnings of $1.55 billion or $1.93 per share for the period.
Analysts had expected the company to earn $1.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 9.6% to $16.51 billion from $15.06 billion last year.
United Technologies Corp. earnings at a glance:
-Earnings (Q3): $1.55 Bln. vs. $1.38 Bln. last year. -EPS (Q3): $1.93 vs. $1.73 last year. -Analysts Estimate: $1.82 -Revenue (Q3): $16.51 Bln vs. $15.06 Bln last year.
-Guidance: Full year EPS guidance: $7.20 to $7.30 Full year revenue guidance: $64.0 to $64.5 Bln
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