JCI's Q4 earnings expected at $1.20 per share, down from $1.28. Quarterly revenue estimate at $6.33 billion, lower than $7.39 billion last year. JCI shares fell 1.9% to close at $111.04 prior to earnings announcement. Analysts have mixed ratings; optimists raised price targets significantly. New leadership announced with Todd Grabowski as vice president for Americas.
JCI's Q2 earnings expected at 80 cents per share, up from 78 cents last year. Projected revenue of $5.66 billion, down from $6.7 billion a year prior. Dividend of 37 cents per share approved on March 12 by JCI's board. Recent analyst ratings show mixed sentiments with price target cuts. JCI shares fell 0.6% to close at $88.81 before earnings release.
