Johnson Controls (JCI) Tops Q1 EPS by 1c, Reaffirms FY Guidance

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Johnson Controls reports first quarter 2017 GAAP earnings from continuing operations of $0.39 per share, strong adjusted earnings of $0.53 per share and reaffirms 2017 adjusted EPS guidance

February 1, 2017 6:55 AM EST

CORK, Ireland, Feb. 1, 2017 /PRNewswire/ --

Adjusted EPS from continuing operations of $0.53, up 10 percent versus prior year Sales of $7.1 billion, reflecting organic growth of 1 percent versus prior year Adjusted EBIT margin expansion of 90 basis points year-over-year, to 10.7 percent Second quarter adjusted EPS from continuing operations guidance of $0.48 to $0.50, an increase of 7 percent to 11 percent year-over-year Reaffirming 2017 adjusted EPS from continuing operations guidance of $2.60 to $2.75, a 13 percent to 19 percent increase year-over-year

Johnson Controls International, plc (NYSE: JCI) today reported first quarter 2017 GAAP earnings per... More