Johnson Controls First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Johnson Controls (NYSE:JCI) will unveil its latest earnings tomorrow, Friday, January 18, 2013. Johnson Controls is a technology and industrial company focused on building efficiency, automotive experience and power solutions.

Johnson Controls Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 51 cents per share, a decline of 15% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 63 cents. Between one and three months ago, the average estimate moved down. It has risen from 50 cents during the last month. Analysts are projecting profit to rise by 1.9% versus last year to $2.64.

Last quarter, the company came in at profit of 77 cents per share against a mean estimate of net income of 75 cents per share, beating estimates after missing them in the previous quarter. In the third quarter of the last fiscal year, it missed forecasts by 3 cents.

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A Look Back: In the fourth quarter of the last fiscal year, profit fell 93.5% to $35 million (5 cents a share) from $538 million (78 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 3.7% to $10.39 billion from $10.79 billion.

Here’s how Johnson Controls traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: