Johnson Controls reports Q1 adjusted EPS 64c, consensus 59c

Reports Q1 revenue $5.43B, consensus $5.32B. “I am proud of another strong quarter delivered by the Johnson Controls (JCI) team, which reflects our successful strategy to simplify our portfolio and position our Company as a leading pure-play building solutions provider,” said George Oliver, chairman and CEO. “We are driving results based on our unique value proposition, with an ability to serve our customers over the lifecycle of the building. The significant progress in our transformation is enabling us to achieve more consistent and predictable performance, as well as our ability to deliver value for our stakeholders.”