Johnson Controls reports second quarter results and increases share repurchase program by $500 million

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Go back to Johnson Controls reports second quarter results and increases share repurchase program by $500 million

Johnson Controls (JCI) Tops Q2 EPS by 1c; Tightens EPS Guidance, Raises Buyback by $500M

April 27, 2017 7:00 AM EDT

Johnson Controls (NYSE: JCI) reported Q2 EPS of $0.50, $0.01 better than the analyst estimate of $0.49. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $7.08 billion.

Johnson Controls increases share repurchase program by $500 million.

GAAP loss of $0.16 per share... More