Company Earnings Update 4 minutesRegister for Free AccessJohnson Controls (NYSE: JCI) 3Q19 Results: Meets/Beats Consensus, Investing While Seeing Continued Momentum, Raises Annual EPS Guidance Coresight Research August 1, 2019 Executive Summary Johnson Controls reported fiscal 3Q19 revenues of $6.45 billion, up 2.7% and in line with the consensus estimate. Organic growth was 6%. Adjusted EPS from continuing operations was $0.65, beating the consensus estimate by two cents. Revenues in the field business (building solutions) grew 2% as reported and 5% organically. Revenues in the products business grew 3% and 7% organically. Backlog increased 7% year over year. The company narrowed its 2019 EPS (from continuing operations) guidance range upwards to $1.93-1.95 (up 21%-23% year over year) from $1.85-1.95 previously. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Analyst Corner: AliExpress Fights for Share of Cross-Border E-Commerce with New Singles’ Day Push—with John MercerShoptalk Europe 2024 Wrap-Up: Retailers as Data Firms, Fueling Retail Media, Unified Commerce and Generative AI ApplicationsRetail Shrink and ORC: Expert Roundtable Shares Strategies To Combat Retail TheftThree Data Points We’re Watching This Week: Shopping Festivals and Holiday Retail
