Please ensure Javascript is enabled for purposes of website accessibility

United Technologies's Upcoming Earnings: What You Need To Know

By Seth Jayson – Updated Apr 10, 2017 at 1:49PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Checking expectations

United Technologies (NYSE: UTX) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict United Technologies's revenues will grow 20.3% and EPS will wither -19.3%.

The average estimate for revenue is $14.95 billion. On the bottom line, the average EPS estimate is $1.30.

Revenue details
Last quarter, United Technologies reported revenue of $16.44 billion. GAAP reported sales were 14% higher than the prior-year quarter's $14.38 billion.

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

EPS details
Last quarter, non-GAAP EPS came in at $1.29. GAAP EPS of $2.27 for Q4 were 54% higher than the prior-year quarter's $1.47 per share.

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

Recent performance
For the preceding quarter, gross margin was 26.2%, 250 basis points worse than the prior-year quarter. Operating margin was 13.2%, 90 basis points worse than the prior-year quarter. Net margin was 12.5%, 330 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $65.10 billion. The average EPS estimate is $6.11.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,549 members out of 1,611 rating the stock outperform, and 62 members rating it underperform. Among 438 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 426 give United Technologies a green thumbs-up, and 12 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 $91.55.

Can your portfolio provide you with enough income to last through retirement? You'll need more than United Technologies. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Stocks Mentioned

Raytheon Technologies Stock Quote
Raytheon Technologies
$101.01 (1.52%) $1.51

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.