United Technologies issues subdued outlook for 2017

United Technologies Corp. late Wednesday said it expects adjusted earnings per share of $6.30 to $6.60 and sales in a range of $57.5 billion to $59 billion in 2017. Analysts surveyed by FactSet forecast earnings of $6.60 a share, on average, and revenue of $59.11 billion in 2017. United Technologies shares were mostly unchanged in late trading after closing at $109.27.

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