The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Johnson Controls' revenue will grow 4.6% and EPS will expand 19.6%.
The average estimate for revenue is $10.84 billion. On the bottom line, the average EPS estimate is $0.67.
Last quarter, Johnson Controls logged revenue of $10.57 billion. 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.
Last quarter, EPS came in at $0.53. 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.
For the preceding 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.
The full year's average estimate for revenue is $43.18 billion. The average EPS estimate is $2.70.
The stock has a four-star rating (out of five) at Motley Fool CAPS. Among 263 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 253 give Johnson Controls a green thumbs-up, and 10 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.