Johnson Controls Inc Profit Retreats In Q2

Johnson Controls Inc (JCI) revealed earnings for second quarter that decreased from the same period last year

The company's earnings totaled $11 million, or $0.02 per share. This compares with $343 million, or $0.48 per share, in last year's second quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $441 million or $0.63 per share for the period.

The company's revenue for the quarter rose 9.1% to $6.10 billion from $5.59 billion last year.

Johnson Controls Inc earnings at a glance (GAAP) :

-Earnings (Q2): $11 Mln. vs. $343 Mln. last year.
-EPS (Q2): $0.02 vs. $0.48 last year.
-Revenue (Q2): $6.10 Bln vs. $5.59 Bln last year.

Next quarter EPS guidance: Adj; $0.82 to $0.87
Full year EPS guidance: Adj; $2.95 to $3.05

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