United Technologies UTX unveils its next round of earnings this Tuesday, January 28. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Analysts covering United Technologies modeled for quarterly EPS of $1.84 on revenue of $19.37 billion.
United Technologies reported a per-share profit of $1.95 when it published results during the same quarter last year. Sales in that period totaled $18.04 billion. If the company were to match the consensus estimate, earnings would be down 5.64%. Sales would be up 7.35% on a year-over-year basis. United Technologies's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 2.030 | 2.040 | 1.710 | 1.53 |
EPS Actual | 2.210 | 2.200 | 1.910 | 1.95 |
Stock Performance
Over the last 52-week period, shares are up 32.56%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on United Technologies stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. United Technologies is scheduled to hold the call at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/iiouw4sk
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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