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Johnson Controls Inc Q4 adjusted earnings Beat Estimates

Johnson Controls Inc (JCI) released earnings for fourth quarter that fell from the same period last year.

The company's profit came in at $441 million, or $0.60 per share. This compares with $612 million, or $0.77 per share, in last year's fourth quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $563 million or $0.76 per share for the period.

Analysts had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.1% to $5.95 billion from $6.27 billion last year.

Johnson Controls Inc earnings at a glance:

-Earnings (Q4): $563 Mln. vs. $615 Mln. last year.
-EPS (Q4): $0.76 vs. $0.78 last year.
-Analysts Estimate: $0.73
-Revenue (Q4): $5.95 Bln vs. $6.27 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.39 to $0.41

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