United Technologies Earnings Preview: Can This Streak Continue?

United Technologies (NYSE:UTX) will report earnings before markets open on Tuesday, July 23rd. United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.

Here is your Cheat Sheet to United Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $1.58 per share on revenues of $16.37 billion. Currently, the company’s P/E ratio stands at 14.97.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.6 to a profit $1.55. For the current year, the average estimate is a profit of $6.11, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how United Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 58,681 52,920 54,326 58,190 57,708
Diluted EPS ($) 4.90 4.12 4.74 5.49 5.66

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 13,807.00 15,042.00 16,443.00 14,399.00
Diluted EPS ($) 1.47 1.56 2.26 1.39

Past Performance:
United Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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