Revenue seen rising in 4Q for United Technologies:

United Technologies Corp., which makes jet engines, elevators, heating and cooling equipment and other aerospace and building components, reports its fourth-quarter earnings before the markets open Wednesday.
WHAT TO WATCH FOR: FBR Capital Markets analyst Ajay Kejriwal said in a recent note to investors he expects strong fourth-quarter and 2010 results due to improved revenue at United Technologies Corp. and other companies in the multi-industry sector.
Sales trends are ahead of expectations, Kejriwal said. In addition, consensus estimates imply an average increase in earnings per share of 23 percent for 2010 and 17 percent this year, which he said can be achieved, but could limit the potential for "significant upward revisions."
LAST YEAR'S QUARTER: United Technologies earned $1.07 billion, or $1.15 per share, in the last three months of 2009, down from $1.15 billion, or $1.23 per share, a year ago. Revenue fell to $14.1 billion from $14.8 billion in the year-earlier quarter