|Bid||32.60 x 0|
|Ask||33.26 x 0|
|Day's Range||32.93 - 32.99|
|52 Week Range||21.99 - 40.20|
|Beta (5Y Monthly)||1.20|
|PE Ratio (TTM)||31.45|
|Forward Dividend & Yield||0.91 (2.86%)|
|Ex-Dividend Date||Jun 19, 2020|
|1y Target Est||N/A|
Good morning and thank you for joining our conference call to discuss Johnson Controls' third quarter fiscal 2020 results. Joining me on the call today are Johnson Controls' Chairman and Chief Executive Officer, George Oliver; and our Vice Chairman and Chief Financial Officer, Brian Stief.
Johnson Controls (JCI) delivered earnings and revenue surprises of 34.00% and 3.89%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
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, 2020Time: 08:30 AMView more earnings on JCIET Webcast URL: https://78449.choruscall.com/dataconf/productusers/jci/mediaframe/39314/indexr.htmlRecent Stock Performance Company's 52-week high was at $44.82Company's 52-week low was at $22.77Price 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.See more from Benzinga * Earnings Scheduled For July 31, 2020 * Earnings Outlook for Johnson Controls Intl * Benzinga's Top Upgrades, Downgrades For June 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Today, Johnson Controls (NYSE: JCI), the global leader for smart and sustainable buildings, is launching OpenBlue – a complete suite of connected solutions and services that combine the Company's 135 years of building expertise with cutting-edge technology. This open digital platform, when integrated with Johnson Controls core building systems and enhanced by Fortune 100 technology partners, will make shared spaces safer, more agile and more sustainable.
Johnson Controls Intl (NYSE: JCI) announces its next round of earnings this Friday, July 31. Here is Benzinga's everything-that-matters guide for this Friday's Q3 earnings announcement.Earnings and Revenue Based on Johnson Controls Intl management projections, analysts predict EPS of $0.48 on revenue of $5.13 billion. In the same quarter last year, Johnson Controls Intl reported earnings per share of $0.65 on sales of $6.45 billion. If the company were to match the consensus estimate, earnings would be down 26.15%. Revenue would be down 6.73% from the year-ago period. Johnson Controls Intl's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019 EPS Estimate 0.36 0.38 0.76 0.63 EPS Actual 0.42 0.40 0.78 0.65 Revenue Estimate 5.50 B 5.57 B 6.42 B 6.43 B Revenue Actual 5.44 B 5.58 B 6.27 B 6.45 B Stock Performance Over the last 52-week period, shares are down 11.44%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.View more earnings on JCIDon't be surprised to see the stock move on comments made during its conference call. Johnson Controls Intl is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/jci/mediaframe/39314/indexr.htmlSee more from Benzinga * Benzinga's Top Upgrades, Downgrades For June 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Johnson Controls (JCI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Johnson Controls (JCI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Johnson Controls, (NYSE:JCI) a global leader in creating smart buildings and helping reopen buildings as part of the 'new normal' today, announced the launch of its smart elevated skin temperature scanning solution, the Tyco Illustra Pro Thermal EST. A healthy and safe environment starts with a holistic approach that encompasses not only a building's heating, ventilation, and air conditioning (HVAC) infrastructure, but adds temperature screening among protocols including contact tracing, frictionless entry and exits, and the practice of social distancing.
Johnson Controls (JCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Johnson Controls (NYSE:JCI) and Lawrence Berkeley National Laboratory (Berkeley Lab) announced the release of the Building Efficiency Targeting Tool for Energy Retrofits (BETTER) to the public today. The easy-to-use, open source BETTER tool allows building owners and managers to rapidly convert readily available monthly building energy consumption data into specific, recommendations for improvement. In this unprecedented time of a global pandemic, creating a safe environment in schools, commercial and government buildings is more important than ever. This analysis can be performed without the need for on-site audits or inspections, allowing many currently unemployed energy efficiency workers to continue to plan and develop building retrofit and commissioning projects.
As cities, states and countries begin to reopen, people that live and work in buildings will need assurance building owners and operators are taking every precaution to ensure health and safety, starting with the air they breathe. Though guidance around the transmission of COVID-19 continues to evolve, experts agree that indoor air quality should be a top priority. Johnson Controls (NYSE: JCI), a global leader in creating safe and secure building environments, is committed to helping create spaces that put people at ease.
While these stocks are down year-to-date, analysts expect their earnings per share to grow in 2021 compared with 2019, before the companies were impacted by the virus.
The number of global cases of the coronavirus that causes COVID-19 climbed above 7.6 million on Friday, as countries around the world continued to lift restrictions on movement with mixed results.
Johnson Controls International PLC shares rose 2% in premarket trade Friday, after the building products company said it plans to resume share buybacks in its fiscal fourth quarter. Like many companies, Johnson Controls suspended buybacks during the coronavirus pandemic as it moved to preserve cash given the uncertain economic outlook. The company has about $735 million available under its current authorization for 2020 and $3.1 billion in the full program. Shares have fallen 17% in the year to date, while the S&P 500 has fallen 7%.
The board of directors of Johnson Controls International plc, (NYSE: JCI), has approved a regular quarterly cash dividend of $0.26 per common share payable on July 17, 2020 to shareholders of record at the close of business on June 22, 2020. Johnson Controls has paid a consecutive dividend since 1887.
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]
In this article we will check out the progression of hedge fund sentiment towards Johnson Controls International plc (NYSE:JCI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […]