Investing.com - United Technologies (NYSE:UTX) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.2 on revenue of $19.63B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $19.53B. That compared to EPS of $1.97 on revenue of $16.71B in the same period a year earlier. The company had reported EPS of $1.91 on revenue of $18.37B in the previous quarter.
For the year, United Technologies shares are up 24.86%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 16.22% year to date.
United Technologies follows other major Capital Goods sector earnings this month
On Thursday, Honeywell reported second quarter EPS of $2.1 on revenue of $9.24B, compared to forecasts of EPS of $2.08 on revenue of $9.35B.
ASML ADR earnings beat analyst's expectations on Wednesday, July 17, 2019, with second quarter EPS of $1.27 on revenue of $2.88B. Investing.com analysts expected EPS of $1.07 on revenue of $2.89B
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