Johnson Controls (NYSE: JCI) reported earnings on Jan. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Johnson Controls met expectations on revenues and missed on earnings per share.

Compared to the prior-year quarter, revenue grew, and earnings per share improved.

Gross margins dropped, operating margins dropped, net margins were steady.

Revenue details
Johnson Controls notched revenue of $10.4 billion. The 20 analysts polled by S&P Capital IQ expected net sales of $10.5 billion. Sales were 9.2% higher than the prior-year quarter's $9.5 billion

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at $0.60. The earnings estimates compiled by S&P Capital IQ averaged $0.62 per share. GAAP EPS of $0.60 for Q1 were 9.8% higher than the prior-year quarter's $0.55 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 14.7%, 10 basis points worse than the prior-year quarter. Operating margin was 4.6%, 30 basis points worse than the prior-year quarter. Net margin was 3.9%, about the same as the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $10.9 billion. On the bottom line, the average EPS estimate is $0.70.

Next year's average estimate for revenue is $44.0 billion. The average EPS estimate is $2.95.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,150 members out of 1,200 rating the stock outperform, and 50 members rating it underperform. Among 313 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 304 give Johnson Controls a green thumbs-up, and nine 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 $41.72.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.