Johnson Controls (JCI) Offers FY17 Outlook; Provides Expectations for 2020

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Johnson Controls announces fiscal 2017 guidance and introduces mid-term outlook

December 5, 2016 7:00 AM EST

CORK, Ireland, Dec. 5, 2016 /PRNewswire/ -- In connection with its investor and analyst meeting being held today in New York City, Johnson Controls International, plc (NYSE: JCI) announces fiscal 2017 EPS before special items guidance of $2.60 to $2.75 per share, a 13 percent to 19 percent year-over-year increase, compared to the pro forma fiscal 2016 base of $2.31 per share.  Guidance includes an organic revenue growth range of 2.5 percent to 4.5 percent and EBIT margin expansion before special items of 80 to 110 basis points.    

"Fiscal 2016 was a year of significant transformation," said Chairman and Chief Executive Officer Alex... More