United Technologies Profit Beats Estimates on Jet Engines
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United Technologies Corp., the maker of Black Hawk helicopters and Carrier air conditioners, beat analysts’ third-quarter profit estimates, led by rising sales in the aerospace and Pratt & Whitney jet-engine units.
“We had broad-based organic growth across the business, which is a little bit of a trend reversal,” Chief Financial Officer Greg Hayes said today in an interview. “There was good strength in the U.S. And Europe was not a disaster.”