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Oppenheimer reiterated an Outperform rating on Johnson Controls (NYSE: JCI), and raised the price target to $50.00 (from $48.00), following the company's 2Q earnings report. JCI beat earnings consensus with adjusted EPS of $0.86 vs. Street $0.82, on in-line sales of $9.0B. Management confirmed that TYC will proceed... More
Johnson Controls (NYSE: JCI) reported Q2 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $9.03 billion versus the consensus estimate of $9.03 billion.
GUIDANCE:
Johnson Controls sees Q3 2016 EPS of $1.01-$1.04, versus the consensus of... More

