Goodrich Misses Estimates, Sees Merger With UTX Closing Mid-Year (GR)

4-26-12-Goodrich (NYSE:GR) reported Q1 EPS of $1.56, missing estimates of $1.65.Revenues in the quarter rose 13.6% YoY to $2.15 billion, inline with estimates.The company said it expects its merger with UTX to close in mid-2012.In March, the European Commission extended its deadline to rule on the UTX bid to buy GR until August 9th.SmarTrend is bullish on shares of Goodrich and our subscribers were alerted to buy on August 31, 2011 at $89.11. The stock has risen 40.6% since the alert was issued.