Johnson Controls International plc (NYSE:JCI) is set to announce fourth quarter earning results on Tuesday 3rd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, JCI to report 4Q20 income of $ 0.73 per share.
For the full year, analysts anticipate top line of $ 22012.80 million, while looking forward to income of $ 2.21 per share bottom line.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 0.68 ~ $ 0.72 per share
Full Year 2020 topline are forecasted in a range of$ 24,300.00 million ~ $ 24,700.00 million, where as bottomline are predicted in a range of $ 2.16 ~ $ 2.20 per share
Click Here For More Historical Outlooks Of Johnson Controls International plc
Previous Quarter Performance
Johnson Controls International plc outlined income for the third quarter of $ 0.67 per share, from the revenue of $ 5,343.00 million. The quarterly earnings gained 3.08 percent while revenues down 17.18 percent compared with the same quarter last year.
Wall street analysts are predicting, JCI to report 3Q20 income of $ 0.48 per share from revenue of $ 5127.00 million. The bottom line results beat street analysts by $ 0.19 or 39.58 percent, at the same time, top line results outshined analysts by $ 216.00 million or 4.21 percent.
Stock Performance
Shares of Johnson Controls International plc traded up $ 1.73 or 4.10 percent on Monday, reaching $ 43.94 with volume of 5.70 million shares. Johnson Controls International plc has traded high as $ 44.09 and has cracked $ 42.88 on the downward trend
The closing price of $ 43.94, representing a 85.29 % increase from the 52 week low of $ 22.78 and a 5.82 % decrease over the 52 week high of $ 44.82.
The company has a market capital of $ 32.69 billion and is part of the Industrials sector and Engineering & Construction industry.
Recent Analyst recommendations
- On 13th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 42.00 target price.
Conference Call
Johnson Controls International plc will be hosting a conference call at 8:30 AM eastern time on 3rd November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.johnsoncontrols.com
Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.
