Investing.com - Johnson Controls (NYSE:JCI) reported on Thursday fourth quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Johnson Controls announced earnings per share of $0.99 on revenue of $6.39B. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $6.78B.
Johnson Controls shares are down 26.01% from the beginning of the year, still down 26.43% from its 52 week high of $81.77 set on December 31, 2021.
Johnson Controls shares gained 5.34% in intra-day trade following the report.
Johnson Controls follows other major Industrials sector earnings this month
Johnson Controls's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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