Johnson Controls (JCI) Tops Q2 EPS by 3c, Offers Guidance

Johnson Controls (NYSE: JCI) reported Q2 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.6 billion.

GUIDANCE:

Johnson Controls sees FY2021 EPS of $2.58-$2.65, versus the consensus of $2.59.

• Organic revenue growth up mid-single digits year-over-year
• Adjusted segment EBITA margin expansion of 70 to 90 basis points, year-over-year

Johnson Controls sees Q2 2021 EPS of $0.80-$0.82, versus the consensus of $0.81.

• Organic revenue growth up mid-teens year-over-year
• Adjusted segment EBITA margin up slightly, year-over-year

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

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