Investing.com - Johnson Controls (NYSE:JCI) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Johnson Controls announced earnings per share of $0.63 on revenue of $6.1B. Analysts polled by Investing.com anticipated EPS of $0.6308 on revenue of $6.16B.
Johnson Controls shares are down 23.86% from the beginning of the year, still down 24.29% from its 52 week high of $81.77 set on December 31, 2021. They are under-performing the S&P 500 which is down 12.39% 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 April 26, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar