Investing.com - Johnson Controls (NYSE:JCI) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Johnson Controls announced earnings per share of $0.54 on revenue of $5.86B. Analysts polled by Investing.com anticipated EPS of $0.5315 on revenue of $5.79B.
Johnson Controls shares are down 11.07% from the beginning of the year, still down 11.57% from its 52 week high of $81.77 set on December 31, 2021. They are under-performing the S&P 500 which is down 4.61% from the start of the year.
Johnson Controls follows other major Industrials sector earnings this month
Johnson Controls's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.09 on revenue of $27.06B.
Union Pacific had beat expectations on January 20 with fourth quarter EPS of $2.66 on revenue of $5.73B, compared to forecast for EPS of $2.61 on revenue of $5.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar