Investing.com - Johnson Controls (NYSE:JCI) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Johnson Controls announced earnings per share of $0.76 on revenue of $5.95B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $5.66B.
Johnson Controls shares are down 10.16% from the beginning of the year and are trading at $43.94 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.46% from the start of the year.
Johnson Controls follows other major Capital Goods sector earnings this month
Johnson Controls's report follows an earnings beat by ASML ADR on October 14, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Honeywell had beat expectations on Friday with third quarter EPS of $1.56 on revenue of $7.8B, compared to forecast for EPS of $1.49 on revenue of $7.66B.
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