UPDATE: United Technologies Posts Upbeat Q4 Earnings
January 22, 2014 at 07:39 AM EST
United Technologies (NYSE: UTX ) reported a 29% drop in its fourth-quarter earnings. United Technologies' quarterly profit fell to $1.46 billion, or $1.60 per share, from a year-ago profit of $2.06 billion, or $2.26 per share. Its earnings from continuing operations climbed to $1.58 per share from $1.04 per share.