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

