Investing.com - United Technologies (NYSE:UTX) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.95 on revenue of $18.04B. Analysts polled by Investing.com anticipated EPS of $1.55 on revenue of $16.8B. That compared to EPS of $1.6 on revenue of $15.68B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $16.51B in the previous quarter.
United Technologies follows other major Capital Goods sector earnings this month
On Wednesday, ASML ADR reported fourth quarter EPS of $1.87 on revenue of $3.14B, compared to forecasts of EPS of $2.11 on revenue of $3.41B.
Fastenal earnings missed analyst's expectations on January 17, with fourth quarter EPS of $0.59 on revenue of $1.23B. Investing.com analysts expected EPS of $0.6 on revenue of $1.22B
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