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Johnson Controls Inc Q2 adjusted earnings Beat Estimates

Johnson Controls Inc (JCI) reported earnings for its second quarter that increased from last year.

The company's earnings totaled $343 million, or $0.48 per share. This compares with $213 million, or $0.28 per share, in last year's second quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $373 million or $0.52 per share for the period.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.8% to $5.59 billion from $5.44 billion last year.

Johnson Controls Inc earnings at a glance:

-Earnings (Q2): $373 Mln. vs. $317 Mln. last year.
-EPS (Q2): $0.52 vs. $0.42 last year.
-Analysts Estimate: $0.49
-Revenue (Q2): $5.59 Bln vs. $5.44 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.80 to $0.82
Full year EPS guidance: $2.58 to $2.65

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