Jan 22 United Technologies Corp, the
world's largest maker of elevators and air conditioners,
reported a rise in fourth-quarter profit that topped Wall Street
estimates, helped by a stronger performance across its
The diversified manufacturer, which also produces Pratt &
Whitney jet engines and Black Hawk helicopters, said net income
fell 29 percent to $1.46 billion due to a big year-earlier gain
from the sale of several industrial businesses.
But earnings from continuing operations jumped 53 percent to
$1.45 billion, or $1.58 per share. That topped the analysts'
average estimate of $1.53 per share, according to Thomson