Investing.com - Johnson Controls (NYSE:JCI) reported fourth quarter earnings that matched analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.93 on revenue of $8.37B. Analysts polled by Investing.com anticipated EPS of $0.93 on revenue of $8.27B. That compared to EPS of $0.87 on revenue of $8.14B in the same period a year earlier. The company had reported EPS of $0.81 on revenue of $8.12B in the previous quarter.
For the year, Johnson Controls shares are down 12.36%, under-performing the S&P 500 which is up 4.85% year to date.
Johnson Controls follows other major Capital Goods sector earnings this month
On Wednesday, October 24, 2018, Boeing reported third quarter EPS of $3.58 on revenue of $25.15B, compared to forecasts of EPS of $3.47 on revenue of $23.89B.
3M earnings matched analyst's expectations on Tuesday, October 23, 2018, with third quarter EPS of $2.58 on revenue of $8.15B. Investing.com analysts expected EPS of $2.58 on revenue of $8.41B
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