Wednesday, January 23, 2019 12:31:11 PM
"(Reuters) - United Technologies Corp (UTX.N) beat analysts' estimates for fourth-quarter profit on Wednesday, boosted by a more than 20 percent sales surge at its aerospace businesses, sending the industrial conglomerate's shares higher.
Like other major U.S. manufacturers, UTC, a maker of Pratt & Whitney aircraft engines, Carrier air conditioners and Otis elevators, has benefited from a boom in air travel and record global sales of commercial jets.
Revenue growth of 24 percent and 29 percent, respectively, at Pratt & Whitney and airplane parts maker Rockwell Collins, bode well for a planned split next year, whittling down the company to its core aerospace "
https://finance.yahoo.com/news/united-tech-profit-beats-higher-123257192.html
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