Johnson Controls: Q3 Earnings Insights
Shares of Johnson Controls Intl (NYSE: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.
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