Johnson Controls (JCI) Tops Q4 EPS by 3c, Offers Q1 Guidance

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Go back to Johnson Controls (JCI) Tops Q4 EPS by 3c, Offers Q1 Guidance

Johnson Controls Reports Fiscal Q4 & Full Year Results, Demonstrating Continued Strong Execution In A Challenging Environment

November 3, 2020 6:55 AM EST

CORK, Ireland, Nov. 3, 2020 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) today reported fiscal fourth quarter 2020 GAAP earnings per share ("EPS") from continuing operations, including special items, of $0.60. Excluding these items, adjusted EPS from continuing operations was $0.76, down 3% versus the prior year period (see attached footnotes for non-GAAP reconciliation).

Sales of nearly $6.0 billion decreased 5% compared to the prior year and declined 6% organically, reflecting the continued impact of the COVID-19 pandemic.  

GAAP net income from continuing operations was $441 million, earnings before interest and taxes ("EBIT") was $583 million and EBIT margin was 9.8%.... More