Economics
United Technologies Sees Profit Growth Below Estimates
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United Technologies Corp. said profit and revenue next year will probably fall below analysts’ estimates as sluggish U.S. government sales and tax-law changes temper earnings growth. The shares fell.
Earnings per share will be $6.55 to $6.85, the company said yesterday at a meeting in New York. That compares with analysts’ estimates of $6.85. United Technologies said sales will climb