Johnson Controls Inc Q1 Income Falls

Johnson Controls Inc (JCI) released a profit for first quarter that decreased from last year

The company's bottom line came in at $381 million, or $0.54 per share. This compares with $451 million, or $0.62 per share, in last year's first quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $380 million or $0.54 per share for the period.

The company's revenue for the quarter rose 9.7% to $5.86 billion from $5.34 billion last year.

Johnson Controls Inc earnings at a glance (GAAP) :

-Earnings (Q1): $381 Mln. vs. $451 Mln. last year.
-EPS (Q1): $0.54 vs. $0.62 last year.
-Revenue (Q1): $5.86 Bln vs. $5.34 Bln last year.

Next quarter EPS guidance: $0.62 to $0.64
Full year EPS guidance: $3.22 to $3.32

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