Johnson Controls Inc Profit Drops In Q3

(RTTNews) - Johnson Controls Inc (JCI) revealed earnings for third quarter that Drops, from the same period last year

The company's bottom line came in at $701 million, or $1.07 per share. This compares with $975 million, or $1.45 per share, last year.

Excluding items, Johnson Controls Inc reported adjusted earnings of $693 million or $1.05 per share for the period.

The company's revenue for the period rose 2.6% to $6.052 billion from $5.898 billion last year.

Johnson Controls Inc earnings at a glance (GAAP) :

-Earnings: $701 Mln. vs. $975 Mln. last year. -EPS: $1.07 vs. $1.45 last year. -Revenue: $6.052 Bln vs. $5.898 Bln last year.

-Guidance: Next quarter EPS guidance: $1.14 to $1.17 Full year EPS guidance: $3.65 to $3.68