It's Showtime for United Technologies

Seth Jayson, The Motley Fool
Updated

United Technologies (NYS: UTX) is expected to report Q2 earnings on July 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 expand 18.9% and EPS will shrink -0.6%.

The average estimate for revenue is $16.41 billion. On the bottom line, the average EPS estimate is $1.57.


Revenue details
 Last quarter, United Technologies tallied revenue of $14.40 billion. GAAP reported sales were 16% higher than the prior-year quarter's $12.42 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 $1.28. GAAP EPS of $1.39 for Q1 were 286% higher than the prior-year quarter's $0.36 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 27.5%, 110 basis points worse than the prior-year quarter. Operating margin was 13.3%, 20 basis points worse than the prior-year quarter. Net margin was 8.8%, 610 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $64.53 billion. The average EPS estimate is $6.12.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,562 members out of 1,623 rating the stock outperform, and 61 members rating it underperform. Among 432 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 422 give United Technologies a green thumbs-up, and 10 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 $100.95.

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The article It's Showtime for United Technologies originally appeared on Fool.com.

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 ofMotley 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. Try any of our Foolish newsletter services free for 30 days. 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.

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