$UTX Tops Estimates on Goodrich Acquisition, Guidance Comes in at Lower End Estimates

“United Technologies Corp. (UTX) posted higher third-quarter profit than analysts estimated after boosting aerospace sales with the acquisition of Goodrich Corp. and a controlling stake in the International Aero Engines venture.

Adjusted profit was $1.37 a share, compared with the $1.19 average of 20 estimates in a Bloomberg survey. Net income climbed 6.9 percent to $1.42 billion, or $1.56 a share, from $1.32 billion, or $1.47, a year earlier, the Hartford, Connecticut-based company said today in a statement.”

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