United Technologies Corp (UTX)

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UTX: "United Tech shares up 1.9% premarket after earnings beat, company raises adjusted EPS guidance

"United Technologies Corp. shares (utx) rose 1.9% in premarket trade Tuesday, after the aerospace and industrial company beat earnings estimates for the third quarter. "Our strong performance through the first three quarters gives us confidence in the improved adjusted EPS range of $8.05 to $8.15 and free cash flow range of $5.3 to $5.7 billion for the year," Chief Executive Gregory Hayes said in a statement. "Continued strength at Collins Aerospace, including the integration of Rockwell Collins, and a lower tax rate are expected to more than offset softness we are seeing at Carrier." The company tweaked its full-year sales range, however, to $76.0 billion to $76.5 billion, compared with prior guidance of $75.5 billion to $77.0 billion. ..."