Johnson Controls (NYSE: JCI) reported earnings on April 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), Johnson Controls met expectations on revenues and earnings per share.

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

Gross margins increased, operating margins were steady, and net margins contracted.

Revenue details
Johnson Controls reported revenue of $10.57 billion. The 21 analysts polled by S&P Capital IQ predicted revenue of $10.59 billion on the same basis. GAAP reported sales were 4.2% higher than the prior-year quarter's $10.14 billion.

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

EPS details
EPS came in at $0.53. The 24 earnings estimates compiled by S&P Capital IQ anticipated $0.53 per share. GAAP EPS of $0.53 for Q2 were 3.9% higher than the prior-year quarter's $0.51 per share.

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

Margin details
For the quarter, gross margin was 14.7%, 20 basis points better than the prior-year quarter. Operating margin was 4.5%, about the same as the prior-year quarter. Net margin was 3.4%, 10 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $10.99 billion. On the bottom line, the average EPS estimate is $0.72.

Next year's average estimate for revenue is $43.46 billion. The average EPS estimate is $2.75.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,193 members out of 1,247 rating the stock outperform, and 54 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 290 give Johnson Controls a green thumbs-up, and six 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 $40.33.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.