Dec 14 United Technologies Corp expects
foreign exchange conversion will reduce earnings in 2017, Chief
Executive Greg Hayes said on Wednesday, noting that U.S.
interest rates are likely to keep rising next year.
The comments came as the maker of Otis elevators, Carrier
air conditioners, Pratt & Whitney aircraft engines and other
aerospace components posted a forecast for 2017 adjusted
earnings of $6.30 to $6.60 a share. That compares with the
consensus estimate of $6.59 a share, according to Thomson
(Reporting by Alwyn Scott; Editing by Jonathan Oatis)