Johnson Controls: Here’s What Investors Need to Know Before Earnings
Johnson Controls (NYSE:JCI) will report earnings before markets open on Thursday, July 18th. Johnson Controls, Inc. markets automotive systems and building controls. The Company supplies seating systems, interior systems, and batteries. Johnson Controls also provides building control systems and services, energy management, and integrated facility management, as well as provides batteries for automobiles and hybrid electric vehicles.
Here is your Cheat Sheet to Johnson Controls Earnings:
Earnings Expectations: Analysts expect earnings of $0.75 per share on revenues of $10.98 billion. Currently, the company’s P/E ratio stands at 27.14.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.9 to a profit $0.92. For the current year, the average estimate is a profit of $2.6, which is better than the estimate ninety days ago.
Here’s how Johnson Controls has been performing on an annual basis:
|Revenue ($) in millions||38,062||28,497||34,305||40,833||41,955|
|Diluted EPS ($)||1.63||-0.57||2.19||2.36||1.78|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||10,581.00||10,392.00||10,422.00||10,430.00|
|Diluted EPS ($)||0.61||-0.01||0.52||0.21|
Johnson Controls has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)