Wall Street analysts expect that Johnson Controls International PLC (NYSE:JCI) will announce earnings of $0.87 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Johnson Controls International PLC’s earnings, with the highest EPS estimate coming in at $0.88 and the lowest estimate coming in at $0.86. Johnson Controls International PLC reported earnings of $1.21 per share during the same quarter last year, which indicates a negative year over year growth rate of 28.1%. The business is scheduled to announce its next earnings results on Tuesday, November 14th.

On average, analysts expect that Johnson Controls International PLC will report full-year earnings of $2.61 per share for the current financial year, with EPS estimates ranging from $2.60 to $2.62. For the next financial year, analysts forecast that the company will report earnings of $2.96 per share, with EPS estimates ranging from $2.89 to $3.00. Zacks’ EPS averages are an average based on a survey of analysts that cover Johnson Controls International PLC.

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

Several equities analysts have weighed in on the company. Atlantic Securities cut Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research note on Friday, July 28th. TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. BidaskClub cut Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Royal Bank Of Canada restated a “hold” rating and set a $43.00 price objective (down from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. Finally, Morgan Stanley dropped their price objective on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Johnson Controls International PLC presently has a consensus rating of “Buy” and a consensus price target of $50.43.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. OppenheimerFunds Inc. raised its position in Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after buying an additional 2,670,778 shares during the last quarter. Lazard Asset Management LLC raised its position in Johnson Controls International PLC by 20.1% in the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after buying an additional 1,883,034 shares during the last quarter. Strs Ohio bought a new position in Johnson Controls International PLC during the second quarter worth $77,094,000. Bank of New York Mellon Corp raised its position in Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock worth $388,108,000 after buying an additional 1,483,178 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Johnson Controls International PLC during the second quarter worth $59,490,000. 85.23% of the stock is owned by institutional investors and hedge funds.

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Shares of Johnson Controls International PLC (NYSE:JCI) traded down 0.40% on Wednesday, hitting $39.45. The company had a trading volume of 3,493,821 shares. The stock’s market cap is $36.78 billion. The company has a 50-day moving average of $42.36 and a 200 day moving average of $42.06. Johnson Controls International PLC has a 12 month low of $38.51 and a 12 month high of $50.03.

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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