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Johnson Controls, Inc. Reaffirms FY, H1 2013 Guidance; Issues Q2 2013 EPS Guidance

Friday, 18 Jan 2013 07:00am EST 

Johnson Controls, Inc. announced that uncertainties remain in global markets, and it expects earnings in the first half of 2013 to be significantly lower than 2012, consistent with earlier forecast. The Company continue to have confidence in full-year guidance for higher revenues and earnings in fiscal 2013. It expects earnings per share (EPS) of $0.40 - $0.42 in the second quarter of 2013. The forecast reflects the current European automotive production environment and short-term delays in flexing labor in the region as well as a high level of launch activity. The Company also reaffirmed its guidance for fiscal 2013. 

Company Quote

26 Dec 2014