Investing.com - Johnson Controls (NYSE:JCI) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.65 on revenue of $6.45B. Analysts polled by Investing.com expected EPS of $0.63 on revenue of $6.43B. That compared to EPS of $0.81 on revenue of $8.12B in the same period a year earlier. The company had reported EPS of $0.32 on revenue of $5.78B in the previous quarter.
For the year, Johnson Controls shares are up 39.19%, outperforming the S&P 500 which is up 21.65% year to date.
Johnson Controls follows other major Capital Goods sector earnings this month
On Wednesday, July 24, 2019, Boeing reported second quarter EPS of $-5.82 on revenue of $15.75B, compared to forecasts of EPS of $-6.69 on revenue of $15.05B.
Honeywell earnings beat analyst's expectations on Thursday, July 18, 2019, with second quarter EPS of $2.1 on revenue of $9.24B. Investing.com analysts expected EPS of $2.08 on revenue of $9.35B
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