Johnson Controls International (JCI) Releases FY19 Earnings Guidance

Johnson Controls International (NYSE:JCI) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.90-3.05 for the period, compared to the Thomson Reuters consensus estimate of $3.03. Johnson Controls International also updated its FY 2019 guidance to $2.90-3.05 EPS.

Shares of NYSE:JCI opened at $33.40 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.10 and a quick ratio of 0.79. The stock has a market capitalization of $30.76 billion, a P/E ratio of 12.85, a PEG ratio of 1.00 and a beta of 0.87. Johnson Controls International has a 52 week low of $30.60 and a 52 week high of $41.53.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, November 8th. The auto parts company reported $0.93 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.93. The firm had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.28 billion. Johnson Controls International had a net margin of 7.27% and a return on equity of 11.84%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 earnings per share. On average, sell-side analysts anticipate that Johnson Controls International will post 2.81 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 12th. Stockholders of record on Monday, September 24th were given a dividend of $0.26 per share. The ex-dividend date was Friday, September 21st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.11%. Johnson Controls International’s payout ratio is 40.00%.

JCI has been the subject of a number of research reports. TheStreet upgraded shares of Johnson Controls International from a c+ rating to a b- rating in a research report on Friday, August 24th. Citigroup lifted their price target on shares of Johnson Controls International from $45.00 to $46.00 and gave the company a buy rating in a research report on Thursday, August 2nd. UBS Group reduced their price target on shares of Johnson Controls International from $46.00 to $44.00 and set a buy rating for the company in a research report on Thursday, August 30th. Argus upgraded shares of Johnson Controls International from a hold rating to a buy rating in a research report on Tuesday, August 21st. Finally, Barclays lifted their price target on shares of Johnson Controls International from $38.00 to $39.00 and gave the company an equal weight rating in a research report on Wednesday, August 1st. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of $40.29.

TRADEMARK VIOLATION WARNING: “Johnson Controls International (JCI) Releases FY19 Earnings Guidance” was originally reported by WKRB News and is owned by of WKRB News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.wkrb13.com/2018/11/08/johnson-controls-international-jci-releases-fy19-earnings-guidance.html.

About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

Featured Story: How much money do you need to begin day trading?

Earnings History and Estimates for Johnson Controls International (NYSE:JCI)

Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply