Johnson Controls (JCI) Tops Q4 EPS by 3c; Issues Light Q1 EPS Outlook

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Go back to Johnson Controls (JCI) Tops Q4 EPS by 3c; Issues Light Q1 EPS Outlook

Johnson Controls reports 2015 fourth quarter adjusted earnings up 7 percent and releases Q1 fiscal 2016 guidance

October 29, 2015 6:55 AM EDT

MILWAUKEE, Oct. 29, 2015 /PRNewswire/ -- For the fourth quarter of fiscal 2015, Johnson Controls, Inc., (NYSE: JCI), a global multi-industrial company, reported net income from continuing operations of $3 million on $8.7 billion in revenues. Adjusted non-GAAP diluted earnings per share from continuing operations for the quarter were a record $1.04. 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 / separation costs and non-recurring items in the fourth quarter, continuing operations... More