Company Earnings UpdateJohnson 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: NRF 2026: Retail’s Big Show—Day 2—Retail Running on AI, Plus The Growing Value of Private Label and Creator ContentSentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey InsightsRetail Shrink and ORC: Cargo Theft Hits Record Levels in the US, Retail Crime Costs Soar in the UKAI Agents Power Cognitive Supply Chains: Insights from Blue Yonder ICON 2025 Conference
