Johnson Controls (JCI) Tops Q4 EPS by 15c
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Johnson Controls reports 2016 fiscal fourth quarter and full year earnings
November 8, 2016 6:55 AM ESTCORK, Ireland, Nov. 8, 2016 /PRNewswire/ -- For the fourth quarter of fiscal 2016, Johnson Controls (NYSE: JCI), reported $10.2 billion in sales, segment EBIT of $798 million and a GAAP net loss from continuing operations of $1.2 billion, which includes one month of Tyco results (merger completed Sept. 2, 2016) as well as several special items. GAAP diluted loss per share from continuing operations for the quarter was $1.61 compared to breakeven in the prior year quarter.
Adjusting for special items and excluding the Tyco results, non-GAAP adjusted diluted earnings per share from continuing operations increased 16 percent to $1.21... More
