TITLE

UTC Posts Strong Third Quarter Led By Commercial Aerospace

AUTHOR(S)
Biesecker, Calvin
PUB. DATE
October 2006
SOURCE
Defense Daily;10/18/2006, p6
SOURCE TYPE
Market Research Report
DOC. TYPE
Article
ABSTRACT
The article reports on the strong 2006 third quarter financial results by United Technologies Corp., driven by its commercial aerospace businesses and growth at each of its segments. Net income increased 21 percent to $996 million, 99 cents earnings per share (EPS), compared to $821 million in 2005, eclipsing consensus estimates by three cents EPS. Sales were up 12 percent to $12.2 billion compared to $10.9 billion in 2005, with 8 percent of the gain organic.
ACCESSION #
23121168

 

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