Johnson Controls Tightens FY19 Adj. EPS Outlook - Quick Facts

(RTTNews) - While reporting financial results for the third quarter, Johnson Controls International plc (JCI) on Wednesday tightened its earnings guidance range for the full-year 2019, based on capital deployment actions related to the proceeds from the Power Solutions sale.

The company now projects fiscal 2019 adjusted earnings from continuing operations in a range of $1.93 to $1.95 per share, compared to the prior guidance range of $1.85 to $1.95 per share.

On average, 18 analysts polled by Thomson Reuters expect the company to report earnings of $1.91 per share for the year. Analysts' estimates typically exclude special items.