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Tuesday, November 8, 2016

=Johnson Controls (JCI) reported earnings on Tue 8 Nov 2016 (b/o)




 Johnson Controls beats by $0.26, beats on revs :
  • Reports Q4 (Sep) earnings of $1.21 per share, excluding non-recurring items, $0.26 better than the Capital IQ Consensus of $0.95; revenues rose 16.6% year/year to $10.2 bln vs the $9.03 bln Capital IQ Consensus.
  • Adjusted segment EBIT from continuing operations of $1,085 million compared with $939 million in the prior year quarter, up 16 percent, reflecting the contribution of the Hitachi joint venture and ongoing Johnson Controls Operating System benefits.

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