Analysts forecast that Johnson Controls International PLC (NYSE:JCI) will post earnings of $0.87 per share for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Johnson Controls International PLC’s earnings, with the highest EPS estimate coming in at $0.89 and the lowest estimate coming in at $0.86. Johnson Controls International PLC posted earnings per share of $1.21 during the same quarter last year, which indicates a negative year-over-year growth rate of 28.1%. The firm is expected to announce its next quarterly earnings report on Tuesday, November 14th.

According to Zacks, analysts expect that Johnson Controls International PLC will report full-year earnings of $2.61 per share for the current year, with EPS estimates ranging from $2.60 to $2.62. For the next fiscal year, analysts anticipate that the business will report earnings of $2.95 per share, with EPS estimates ranging from $2.89 to $3.00. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Johnson Controls International PLC.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. The company had revenue of $7.67 billion during the quarter, compared to analyst estimates of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The firm’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same period last year, the business earned $1.07 EPS.

JCI has been the topic of a number of research reports. Wolfe Research assumed coverage on shares of Johnson Controls International PLC in a research report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley reissued an “overweight” rating and issued a $51.00 price target (up from $50.00) on shares of Johnson Controls International PLC in a report on Monday, July 10th. Zacks Investment Research downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. BidaskClub upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, JMP Securities started coverage on shares of Johnson Controls International PLC in a research report on Monday, June 19th. They issued an “outperform” rating and a $54.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $49.00.

Several institutional investors and hedge funds have recently made changes to their positions in JCI. Federated Investors Inc. PA grew its position in Johnson Controls International PLC by 368.6% during the 2nd quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock worth $3,184,000 after acquiring an additional 57,764 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Johnson Controls International PLC by 13.4% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock valued at $8,449,000 after purchasing an additional 22,960 shares during the last quarter. First National Trust Co. raised its position in Johnson Controls International PLC by 15.3% in the 2nd quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock valued at $1,139,000 after purchasing an additional 3,482 shares during the last quarter. Trillium Asset Management LLC raised its position in Johnson Controls International PLC by 2.2% in the 2nd quarter. Trillium Asset Management LLC now owns 474,320 shares of the auto parts company’s stock valued at $20,567,000 after purchasing an additional 10,045 shares during the last quarter. Finally, Honeywell International Inc. bought a new position in Johnson Controls International PLC in the 2nd quarter valued at $13,008,000. 86.09% of the stock is currently owned by institutional investors and hedge funds.

Shares of Johnson Controls International PLC (NYSE JCI) opened at 40.47 on Wednesday. The stock has a 50 day moving average of $39.33 and a 200-day moving average of $41.19. The firm’s market cap is $37.73 billion. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.44.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Monday, September 25th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Friday, September 22nd. Johnson Controls International PLC’s payout ratio is -196.08%.

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About Johnson Controls International PLC

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.

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Earnings History and Estimates for Johnson Controls International PLC (NYSE:JCI)

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