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United Technologies Corporation

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United Technologies' fourth-quarter 2018 earnings and revenues surpassed the Zacks Consensus Estimate by 29.1% and 7.5%, respectively. Strength in commercial and military aftermarket businesses and impressive contribution from its acquired Rockwell Collins business sales will likely continue to boost United Technologies' near-term revenues. Also, improved revenues and cost-cutting measures are expected to enhance profitability, going forward. Backed by these positives, the company has given bullish full-year 2019 revenue guidance. Further, the Rockwell Collins buyout is likely to boost sales in 2019. Moreover, separation of the company's existing business will create higher values and customer satisfaction. However, over the past three months, shares of the company have underperformed its industry.

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