Investing.com - Johnson Controls (NYSE:JCI) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.78 on revenue of $6.27B. Analysts polled by Investing.com anticipated EPS of $0.76 on revenue of $6.42B. That compared to EPS of $0.93 on revenue of $8.37B in the same period a year earlier. The company had reported EPS of $0.69 on revenue of $6.45B in the previous quarter.
For the year, Johnson Controls shares are up 49.17%, outperforming the S&P 500 which is up 24.22% year to date.
Johnson Controls follows other major Capital Goods sector earnings this month
On Wednesday, October 23, 2019, Boeing reported third quarter EPS of $1.45 on revenue of $19.98B, compared to forecasts of EPS of $2.07 on revenue of $19.6B.
Honeywell earnings beat analyst's expectations on Thursday, October 17, 2019, with third quarter EPS of $2.08 on revenue of $9.09B. Investing.com analysts expected EPS of $2.01 on revenue of $9.12B
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