Johnson Controls, Inc. (JCI) Tops Q1 EPS by 1c; Guides Q2 Below the Street

Johnson Controls, Inc. (NYSE: JCI) reported Q1 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $10.4 billion versus the consensus estimate of $10.24 billion.

Johnson Controls, Inc. sees Q2 2013 EPS of $0.40-0.42, versus the consensus of $0.51.

"Uncertainties remain in our global markets, and we expect earnings in the first half of fiscal 2013 to be significantly lower than 2012, consistent with our earlier forecast. We continue to have confidence in our full-year guidance for higher revenues and earnings in fiscal 2013," said Mr. Roell. "The long-term growth opportunities for our businesses are intact. We believe we have the right strategies and investments in place to outperform in our industries as the markets improve."

For earnings history and earnings-related data on Johnson Controls, Inc. (JCI) click here.

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