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United Technologies Earnings Preview For Tuesday $UTX

United Technologies (UTX) is expected to report earnings for last fiscal quarter before the opening bell on April 24, 2012.

Who They Are: 

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company was founded in 1934 and is based in Hartford, Connecticut. United Technologies trades an average of 3.6 million shares per day and has a marketcap of $73.9 Billion.

Book Value: $24.12
Float Short: 0.90%

What To Expect:

On average, 16 Analysts are expecting a drop of $-0.28 in earnings per share compared to last quarter's results of $1.47. A surprise above $1.19 per share will top the estimated per share earnings.
Analyst estimates range between $1.06 and $1.40 per share.

Recent Stock and Valuation Performance:

The current trailing twelve months P/E ratio is 14.7. The forward P/E ratio is 14.6.
In the last month, the stock has decreased in price -2.43%, with a change from a year ago of -0.56%.
The stock is performing a little better than the overall market with a slight relative gain. When comparing to the S&P 500, the year to date difference is 0.51%.

Revenue year-over-year has decreased to $58.19 billion for 2011 vs. $54.33 billion for 2010. The bottom line has rising earnings year-over-year of $4.98 billion for 2011 vs. $4.37 billion for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $8.10 billion for 2011 vs. $7.19 billion for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 0.90%.

StockSaints uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner.

Robert Weinstein Google+

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Stock Tickers: UTX Author Disclosure: NA
United Technologies Corp /de/