Shares of United Technologies (UTX) fell roughly 0.5% on Friday after issuing its full year outlook for 2013. The aerospace and building system company known from its Otis, Pratt & Whitney and Sikorsky divisions failed to impress investors and analysts with its update for the coming year.
Confirmed 2012 Outlook...
United Technologies narrowed its full year forecast for 2012. Earnings per share are expected to come in around $5.32 per share, consistent with an earlier guidance of $5.25 to $5.35 per share. Sales are expected to come in around $58 billion.
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