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Johnson Controls' (JCI) Q3 Earnings in Line, Up Y/Y
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Johnson Controls International plc (JCI - Free Report) is a supplier of automotive interiors, batteries, and other control equipment. The company is focused on a comprehensive cost saving program along with improving productivity.
Estimate Trend & Surprise History
Investors should note that earnings estimate for Johnson Controls for third-quarter fiscal 2017 has declined over the past month. Johnson Controls has beaten the Zacks Consensus Estimate in 3 of the trailing 4 quarters with an average beat of 5.59%.
Johnson Controls International PLC Price and EPS Surprise
Johnson Controls delivered adjusted earnings per share of 71 cents in the third quarter of fiscal 2017, in line with the Zacks Consensus Estimate. Earnings per share rose 16% year over year from 61 cents recorded in the third quarter of fiscal 2016.
Revenues
Johnson Controls reported revenues of $7.68 billion, almost in line with the Zacks Consensus Estimate. Revenues were up 1% year over year.
Key Stats/Developments to Note
Johnson Controls guided fourth quarter 2017 adjusted EPS from continuing operations in the range of $0.86 to $0.88, an increase of 13–16% year-over-year.
Zacks Rank
Currently, Johnson Controls has a Zacks Rank #4 (Sell), but that could change following its earnings report which has just released.
Check back later for our full write up on Johnson Controls’ earnings report!
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
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Johnson Controls' (JCI) Q3 Earnings in Line, Up Y/Y
Johnson Controls International plc (JCI - Free Report) is a supplier of automotive interiors, batteries, and other control equipment. The company is focused on a comprehensive cost saving program along with improving productivity.
Estimate Trend & Surprise History
Investors should note that earnings estimate for Johnson Controls for third-quarter fiscal 2017 has declined over the past month. Johnson Controls has beaten the Zacks Consensus Estimate in 3 of the trailing 4 quarters with an average beat of 5.59%.
Johnson Controls International PLC Price and EPS Surprise
Johnson Controls International PLC Price and EPS Surprise | Johnson Controls International PLC Quote
Earnings
Johnson Controls delivered adjusted earnings per share of 71 cents in the third quarter of fiscal 2017, in line with the Zacks Consensus Estimate. Earnings per share rose 16% year over year from 61 cents recorded in the third quarter of fiscal 2016.
Revenues
Johnson Controls reported revenues of $7.68 billion, almost in line with the Zacks Consensus Estimate. Revenues were up 1% year over year.
Key Stats/Developments to Note
Johnson Controls guided fourth quarter 2017 adjusted EPS from continuing operations in the range of $0.86 to $0.88, an increase of 13–16% year-over-year.
Zacks Rank
Currently, Johnson Controls has a Zacks Rank #4 (Sell), but that could change following its earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on Johnson Controls’ earnings report!
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>