Johnson Controls (JCI) Tops Q2 EPS by 4c; Boosts FY16 EPS Outlook

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Go back to Johnson Controls (JCI) Tops Q2 EPS by 4c; Boosts FY16 EPS Outlook

Johnson Controls reports double digit increase in 2016 second quarter adjusted earnings per share; raises fiscal year 2016 earnings guidance

April 21, 2016 6:55 AM EDT

MILWAUKEE, April 21, 2016 /PRNewswire/ -- For the second quarter of fiscal 2016, Johnson Controls (NYSE: JCI), a global multi-industrial company, reported $9.0 billion in revenues and a net loss from continuing operations of $530 million, which includes several non-recurring items. Adjusted non-GAAP diluted earnings per share from continuing operations for the quarter were $0.86, up 18 percent from the prior year quarter. Prior year financial statements reflect Global Workplace Solutions, a divested business, as a discontinued operation.

Excluding transaction / integration / separation costs and other non-recurring items in the fiscal second quarter, continuing operations highlights... More