Johnson Controls (JCI) Tops Q1 EPS by 1c; Raises FY11 Outlook

January 20, 2011 7:04 AM EST Send to a Friend
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Price: $37.49 -0.37%

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Johnson Controls Inc. (NYSE: JCI) reported Q1 EPS of $0.55, $0.01 better than the analyst estimate of $0.54. Revenue for the quarter came in at $9.54 billion versus the consensus estimate of $8.95 billion.

Raises its FY11 adj-EPS guidance from $2.30-$2.45 to $2.50-$2.55, vs. the consensus of $2.52. Sales move from about $37 billion to about $38.5 billion, which compares to the Street estimate of $37.18 billion.


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