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Johnson Controls Inc Q3 adjusted earnings Beat Estimates

Johnson Controls Inc (JCI) reported a profit for its third quarter that advanced from the same period last year.

The company's bottom line totaled $723 million, or $0.78 per share. This compares with $555 million, or $0.59 per share, in last year's third quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $755 million or $0.81 per share for the period.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.7% to $8.12 billion from $7.68 billion last year.

Johnson Controls Inc earnings at a glance:

-Earnings (Q3): $755 Mln. vs. $671 Mln. last year.
-EPS (Q3): $0.81 vs. $0.71 last year.
-Analysts Estimate: $0.79
-Revenue (Q3): $8.12 Bln vs. $7.68 Bln last year.

Full year EPS guidance: $2.80 to $2.82

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