Loading
22-Jul-2010 12:46 PM

United Technologies Corporation revenue up 5.3% in 2Q2010

United Technologies Corporation reports (21-Jul-2010) the following financial highlights:

  • Three months ended Jun-2010:
    • Revenue: USD13,890 million, +5.3% year-on-year;
    • Operating profit: USD1,925 million, +17.6%;
    • Net income: USD1,110 million, +13.7%.
  • Six months ended Jun-2010:
    • Revenue: USD25,981 million, +2.1%;
    • Operating profit: USD3,463 million, +20%;
    • Net income: USD1,976 million, +16.4%. [more]

United Technologies Corporation: “Based on the strong first-half performance and continuing improvement in order rates, we are increasing our 2010 earnings per share guidance to a range of USD4.60 to USD4.70, up from USD4.50 to USD4.65. Earnings per share is now expected to grow 12 to 14% over 2009 on revenues of USD54 billion,” Louis Chenevert, UTC Chairman and Chief Executive Officer. Source: Company statement, 21-Jul-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More