Revenue Update on Johnson Controls Inc(NYSE:JCI)

Johnson Controls Inc(NYSE:JCI) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Jul 21, 2016. Company reported revenue of $9.52B. Analysts estimated a revenue of $9.62B. Earnings per share were $1.07. Analysts had estimated an EPS of $1.03.

In a different note, On May 24, 2016, Credit Suisse said it Upgrades its rating on Johnson Controls Inc. The shares have been rated ‘Outperform’ by the firm.

Johnson Controls Inc (JCI) made into the market gainers list on Wednesdays trading session with the shares advancing 0.29% or 0.13 points. Due to strong positive momentum, the stock ended at $44.32, which is also near the day’s high of $44.32. The stock began the session at $44.25 and the volume stood at 35,50,879 shares. The 52-week high of the shares is $48.22 and the 52 week low is $33.62. The company has a current market capitalization of $28,736 M and it has 64,83,70,150 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 3, 2016, Alex A Molinaroli (Chairman & CEO) sold 67,790 shares at $37.41 per share price.Also, On Nov 30, 2015, Simon Davis (VP, Chief Human Resources Ofcr) sold 1,300 shares at $45.92 per share price.On Nov 2, 2015, Brian J Cadwallader (VP, Secretary & Gen. Counsel) sold 28,628 shares at $45.01 per share price, according to the Form-4 filing with the securities and exchange commission.

Johnson Controls Inc. is a technology company. The Company provides products services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing producing marketing and installing integrated heating ventilating and air conditioning (HVAC) systems building management systems controls security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop hybrid and electric vehicles.

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