Johnson Controls Earnings Preview (JCI)

Johnson Controls JCI will be releasing its Q1 earnings results on Monday morning prior to the opening bell. Wall Street analysts are projecting that the company will report EPS of $0.55 versus the $0.43 that Johnson Controls reported in the year ago period. Revenues are anticipated to be $9.37 billion, which compares to the $8.32 billion the company reported in last year's corresponding quarter. Earnings per share estimates have been holding steady over the last 60 days, indicating that Wall Street has been largely neutral heading into this report. The stock has been trading in a range between $37 and $42 over the last three months, and has returned a little over 5% during that time period. JCI shares trade at a trailing P/E of 18.26, a forward P/E of 12.76 and a PEG ratio of 0.89.