Johnson Controls
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Johnson Controls's revenues will grow 3.6% and EPS will grow 17.2%.
The average estimate for revenue is $10.96 billion. On the bottom line, the average EPS estimate is $0.75.
Revenue details
Last quarter, Johnson Controls recorded revenue of $10.43 billion. GAAP reported sales were 1.3% lower than the prior-year quarter's $10.57 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, non-GAAP EPS came in at $0.42. GAAP EPS of $0.21 for Q2 were 62% lower than the prior-year quarter's $0.55 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 14.3%, 40 basis points worse than the prior-year quarter. Operating margin was 3.6%, 120 basis points worse than the prior-year quarter. Net margin was 1.4%, 220 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $42.85 billion. The average EPS estimate is $2.61.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,186 members out of 1,250 rating the stock outperform, and 64 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 284 give Johnson Controls a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Johnson Controls is outperform, with an average price target of $34.63.
If you're looking for an edge in the transportation segment of the market, consider strong, smaller brands that sell their products to folks like you and me. We've got a couple to offer, plus a home-owner's trusted go-to company, in our new special report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice." Click here for instant access to this free report.
- Add Johnson Controls to My Watchlist.