Johnson Controls (JCI) Releases Quarterly Earnings, Meets Expectations
Johnson Controls (JCI) issued its quarterly earnings data on Friday. The company reported $0.53 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.53. Johnson Controls’s revenue was up 4.2% compared to the same quarter last year.
JCI has been the subject of a number of recent research reports. Analysts at Wolfe Trahan downgraded shares of Johnson Controls from a “market perform” rating to an “underperform” rating in a research note to investors on Tuesday, April 24th. On a related note, analysts at Barclays Capital (NYSE: BCS) reiterated an “equal weight” rating on shares of Johnson Controls in a research note to investors on Monday, April 23rd. Finally, analysts at Jefferies Group (NYSE: JEF) reiterated a “hold” rating on shares of Johnson Controls in a research note to investors on Monday, April 23rd.
Johnson Controls (JCI) opened at 31.30 on Thursday. Johnson Controls (JCI) has a 52-week low of $24.29 and a 52-week high of $42.92. The company has a market cap of $21.290 billion and a price-to-earnings ratio of 12.96.
Johnson Controls, Inc. (Johnson Controls) provides automotive interiors. It provides batteries for automobiles and hybrid electric vehicles, along with related systems engineering, marketing and service expertise.