Investing.com - Johnson Controls (NYSE:JCI) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Johnson Controls announced earnings per share of $0.67 on revenue of $5.34M. Analysts polled by Investing.com anticipated EPS of $0.48 on revenue of $5.15B.
Johnson Controls shares are down 8.52% from the beginning of the year and are trading at $37.24 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.48% from the start of the year.
Johnson Controls follows other major Capital Goods sector earnings this month
Johnson Controls's report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.
Lockheed Martin had beat expectations on July 21 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.
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