United Technologies reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.21 on revenue of $19.50B. Analysts polled by anticipated EPS of $2.03 on revenue of $19.32B. That compared to EPS of $1.93 on revenue of $16.51B in the same period a year earlier. The company had reported EPS of $2.2 on revenue of $19.63B in the previous quarter.
United Technologies follows other major Capital Goods sector earnings this month
On Thursday, Honeywell reported third quarter EPS of $2.08 on revenue of $9.09B, compared to forecasts of EPS of $2.01 on revenue of $9.12B.
ASML ADR earnings beat analysts' expectations on October 16, with third quarter EPS of $1.65 on revenue of $3.3B. analysts expected EPS of $1.63 on revenue of $3.33B
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