{"id":8811,"date":"2013-07-24T06:27:44","date_gmt":"2013-07-24T10:27:44","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=8811"},"modified":"2013-07-24T06:27:44","modified_gmt":"2013-07-24T10:27:44","slug":"united-technologies-corporation-nyseutx-shares-gained-by-2-95","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/united-technologies-corporation-nyseutx-shares-gained-by-2-95-8811","title":{"rendered":"United Technologies Corporation (NYSE:UTX) shares gained by 2.95%"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 07\/24\/2013 (wallstreetpr) &#8211;\u00a0In the second quarter financial results reported recently by United Technologies Corporation (NYSE:UTX), the company had net income at $1.56 billion or $1.70 per share, which was observed to be significantly higher than the earnings at $1.33 billion or at $1.62 per basic and diluted share reported for the same quarter of the previous year. Revenues for the manufacturer of Black Hawk helicopters and Pratt &amp; Whitney jet engines had also increased by 16% to reach at $16 billion.<\/p>\n<p style=\"text-align: justify;\">In line with these positive results reported for the second quarter, the United Technologies Corporation had improved the financial guidance for the full fiscal year 2013. The company had set the estimates of earnings for the full fiscal year at $6 to $6.15 per share, compared to the previous guidance at $5.85 to $6.15 per share. However the results for the second quarter were observed to be minimally lower than the analyst expectations fixed at $16.37 billion in revenue and $1.57 earnings per basic and diluted share of the company. This increase in the revenues of the company involved in making the elevators and air conditioners had primarily been attributed to the buyout of the Goodrich, the aircraft parts manufacturer in 2012.<\/p>\n<p style=\"text-align: justify;\">United Technologies Corporation (NYSE:UTX) had closed on Tuesday with a price of $105.12 per share, which was observed to be a gain of 2.95% over its previous close. Through the trading session, the stock had set intraday low at $103.03 and intraday high at $105.66 per share. In the past 52 weeks, the company had touched bottoms at $71.40 and peaks at $105.66 per share. There are presently 919.30 million outstanding shares in the market with 84% institutional holding and $96.64 billion market cap. On Tuesday, the stock had a trading volume of 5.39 million shares and average level of trading at 3.30 million shares per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 07\/24\/2013 (wallstreetpr) &#8211;\u00a0In the second quarter financial results reported recently by United Technologies Corporation (NYSE:UTX), the company had net income at $1.56 billion [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":8812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1394,2949],"stock_ticker":[],"class_list":["post-8811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nyseutx","tag-united-technologies-corporation-nyseutx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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