Johnson Controls: Q3 Earnings Insights

Shares of Johnson Controls Intl JCI moved higher by 6% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 3.08% over the past year to $0.67, which beat the estimate of $0.48.

Revenue of $5,343,000,000 decreased by 17.18% year over year, which beat the estimate of $5,130,000,000.

Guidance

Johnson Controls sees Q4 adjusted EPS of $0.68-$0.72 .

Details Of The Call

Date: Jul 31, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/jci/mediaframe/39314/indexr.html

Recent Stock Performance

Company's 52-week high was at $44.82

Company's 52-week low was at $22.77

Price action over last quarter: Up 32.84%

Company Profile

Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. In April 2019, Johnson Controls sold its power solutions (automobile batteries) business for $11.6 billion of net cash proceeds.

Posted In: EarningsNews