Johnson Controls Inc (JCI) revealed a profit for fourth quarter that Dropped, from last year and missed the Street estimates.
The company's bottom line came in at $267 million, or $0.42 per share. This compares with $536 million, or $0.80 per share, last year.
Analysts on average had expected the company to earn $1.2 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.1% to $6.442 billion from $6.248 billion last year.
Johnson Controls Inc earnings at a glance (GAAP) :
-Earnings: $267 Mln. vs. $536 Mln. last year.-EPS: $0.42 vs. $0.80 last year.-Revenue: $6.442 Bln vs. $6.248 Bln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.