At a presentation to investors United Technologies said it expects earnings of $7 to $7.20 a share and revenue of $66 billion to $67 billion for full year 2015. Analysts surveyed by Thomson Reuters expect the company to report earnings of $7.27 a share and revenue of $67.52 billion for full year 2015.
United Technologies said it expects earnings of $6.80 a share and revenue of about $65 billion for full year 2014. Analysts expect earnings of $6.87 a share and revenue of $65.24 billion for the year.
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In an interview with the Wall Street Journal United Technologies CEO Greg Hayes said he is looking for a major acquisition for the company, and is willing to consider changes to its current portfolio.
TheStreet Ratings team rates UNITED TECHNOLOGIES CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate UNITED TECHNOLOGIES CORP (UTX) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."