Company Earnings Update 5 minutesRegister for Free AccessJohnson Controls (NYSE: JCI) 2Q19 Results: Mixed/In-Line Quarter, Raises 2019 EPS Guidance Coresight Research May 8, 2019 Executive Summary Johnson Controls reported fiscal 2Q19 revenues of $5.78 billion, up 2.6% and in line with the consensus estimate. Organic growth was 6%. Adjusted EPS from continuing operations was $0.32, beating the consensus estimate by two cents. Revenues in the field business (building solutions) grew 3%, and 6% organically. Revenues in the products business grew 2%, and 7% organically. Backlog increased 6% year over year. The company raised its 2019 EPS guidance to $1.85-$1.95 (up 16%-23%) from $1.75-$1.85 (up 10%-16%). Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand FadesUS Store Tracker Extra, September 2023: Retailers To Close 73 Million Square Feet of Retail Space in 2023June 2023 Monthly Consumer Update: US, UK and ChinaWeinswig’s Weekly: Health Is Wealth
