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Ireland-based Johnson Controls International plc (JCI) engineers, manufactures, commissions, and retrofits building products and systems. With a market cap of $47.3 billion, Johnson Controls operates globally. It is expected to announce its Q3 earnings on Wednesday, July 31.
Ahead of the event, analysts expect Johnson Controls to report a profit of $1.08 per share, up 4.9% from $1.03 per share reported in the year-ago quarter. The company has surpassed or met Wall Street’s EPS projections in three of the past four quarters while missing on one other occasion. Its EPS for the last reported quarter grew by 4% year over year to $0.78, also exceeding the consensus estimates by 4%.
