Needham & Company Downgrades Johnson Controls (JCI) to Hold after Soft Outlook

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Johnson Controls, Inc. (JCI) Tops Q4 EPS by 2c; Sees FY13 EPS Flat to Slightly Higher Over FY12

October 30, 2012 7:03 AM EDT

Johnson Controls, Inc. (NYSE: JCI) reported Q4 EPS of $0.77, $0.02 better than the analyst estimate of $0.75. Revenue for the quarter came in at $10.4 billion versus the consensus estimate of $10.84 billion.

The company expects 2013 first-half earnings to be significantly lower than the same period of 2012... More