Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings reports and break down the important points for investors.
United Technologies Posts Higher Q1 Revenue; Beats Estimates
United Technologies (UTX) reported Q1 revenues of $14.75 billion, which were up from last year’s Q1 figure of $14.4 billion. The company’s net income came in at $1.21 billion, or $1.32 per diluted share, marking a decrease from last year’s net income of $1.27 billion, or $1.39 per diluted share. Analysts were expecting EPS of $1.27 on revenues of $14.74 billion. Looking ahead to FY2014, UTX sees EPS in the range of $6.65-$6.85, compared to analysts’ estimates of $6.83.
Travelers Beats Estimates; Raises Dividend
Travelers Co. (TRV
No comments:
Post a Comment