United Technologies (NYSE: UTX) reported earnings on July 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), United Technologies missed estimates on revenue and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew slightly.

Margins improved across the board.

Revenue details
United Technologies reported revenue of $13.81 billion. The 13 analysts polled by S&P Capital IQ expected to see revenue of $14.46 billion on the same basis. GAAP reported sales were 8.4% lower than the prior-year quarter's $15.08 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.58. The 17 earnings estimates compiled by S&P Capital IQ averaged $1.42 per share. GAAP EPS of $1.47 for Q2 were 1.4% higher than the prior-year quarter's $1.45 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 28.1%, 40 basis points better than the prior-year quarter. Operating margin was 15.8%, 190 basis points better than the prior-year quarter. Net margin was 9.6%, 90 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $16.64 billion. On the bottom line, the average EPS estimate is $1.36.

Next year's average estimate for revenue is $60.71 billion. The average EPS estimate is $5.50.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,549 members out of 1,610 rating the stock outperform, and 61 members rating it underperform. Among 390 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 381 give United Technologies a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on United Technologies is outperform, with an average price target of $94.63.

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