Johnson Controls (NYSE: JCI) is expected to report Q2 earnings around Jan. 27. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Johnson Controls's revenues will wane -1.1% and EPS will wither -18.9%.

The average estimate for revenue is $10.45 billion. On the bottom line, the average EPS estimate is $0.43.

Revenue details
 Last quarter, Johnson Controls booked revenue of $10.42 billion. GAAP reported sales were 0.0% higher than the prior-year quarter's $10.42 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.52. GAAP EPS of $0.52 for Q1 were 13% lower than the prior-year quarter's $0.60 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 14.5%, 20 basis points worse than the prior-year quarter. Operating margin was 4.4%, 20 basis points worse than the prior-year quarter. Net margin was 3.4%, 50 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $42.98 billion. The average EPS estimate is $2.62.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,205 members out of 1,265 rating the stock outperform, and 60 members rating it underperform. Among 319 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 308 give Johnson Controls a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Johnson Controls is hold, with an average price target of $32.00.

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