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Johnson Controls Inc (JCI) revealed a profit for fourth quarter that decreased from last year.


RTTNews | Nov 5, 2021 07:01AM EDT

07:01 Friday, November 5, 2021 (RTTNews.com) - Johnson Controls Inc (JCI) revealed a profit for fourth quarter that decreased from last year.

The company's bottom line totaled $269 million, or $0.38 per share. This compares with $441 million, or $0.60 per share, in last year's fourth quarter.

Excluding items, Johnson Controls Inc reported adjusted earnings of $628 million or $0.88 per share for the period.

The company's revenue for the quarter rose 7.4% to $6.39 billion from $5.95 billion last year.

Johnson Controls Inc earnings at a glance:

-Earnings (Q4): $628 Mln. vs. $563 Mln. last year.-EPS (Q4): $0.88 vs. $0.76 last year.-Revenue (Q4): $6.39 Bln vs. $5.95 Bln last year.

-Guidance:Next quarter EPS guidance: $0.52 to $0.54

Read the original article on RTTNews ( https://www.rttnews.com/3239980/johnson-controls-inc-q4-profit-drops.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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