United Technologies Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter

United Technologies UTX earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Wednesday, July 20, 2011.

Wondering what to expect from United Technologies' lastest earnings numbers? We thought so. Here's an advanced look at the company's second quarter earnings report.

Let's Do the Numbers:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.41 per share and revenues of $14.69 billion. We'll have to wait for Wednesday to see if United Technologies has accomplished the estimated 108% rise in EPS and 106% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$1.06	$1.29	$1.28	$1.16
EPS Actual	$1.13	$1.34	$1.39	$1.32

Stock Performance:

Shares of United Technologies were trading at $87.82 as of July 14, 2011. Since January 1st, shares of United Technologies have given investors a return of 12.7%. For a full 12 months, the return has risen by 25.5%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for United Technologies is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of United Technologies' peers.

• Boeing Company BA: Moderate Buy with a $0.79 recent quarter EPS
• General Electric Company GE: Moderate Buy with a $0.31 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: United Technologies provides high technology products and services to the building systems and aerospace industries worldwide.

Take Action:

That's your advanced look at United Technologies' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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