Johnson Controls (JCI) Reports In-Line Q3 EPS; Will Spin Automotive Experience Business

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Go back to Johnson Controls (JCI) Reports In-Line Q3 EPS; Will Spin Automotive Experience Business

Johnson Controls reports record fiscal third quarter earnings from continuing operations; Announces planned tax-free spin-off of its Automotive Experience business

July 24, 2015 8:00 AM EDT

MILWAUKEE, July 24, 2015 /PRNewswire/ -- For the third quarter of fiscal 2015, Johnson Controls, Inc., (NYSE: JCI) a global multi-industrial company, reported net income from continuing operations of $503 million, or $0.76 per share, on $9.6 billion in revenues. Adjusted non-GAAP diluted earnings per share from continuing operations for the quarter were $0.91. As a result of the previously announced sale of its Global Workplace Solutions (GWS) business, the Company has reclassified GWS results to discontinued operations. Prior year financial statements have been revised accordingly.

Excluding transaction / integration costs and non-recurring items in the third quarter, continuing operations... More

Johnson Controls announces quarterly dividend

July 22, 2015 12:45 PM EDT

MILWAUKEE, July 22, 2015 /PRNewswire/ -- The board of directors of Johnson Controls, (NYSE: JCI), a global multi-industrial company, has authorized a regular quarterly cash dividend of $0.26 per common share. The dividend is payable on October 2, 2015 to shareholders of record as of the close of business... More