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"Oppenheimer Analysts Cut Earnings Estimates for Johnson Controls Inc (JCI)"

Abstract: Johnson Controls Inc (NYSE:JCI) – Equities researchers at Oppenheimer decreased their Q1 2016 EPS estimates for Johnson Controls in a research report issued to clients and investors on Thursday, Zacks Investment Research reports. Oppenheimer analyst N. Kaye now expects that the firm will earn $0.82 per share for the quarter, down from their previous estimate of $0.85. Oppenheimer has a “Outperform” rating and a $48.00 price target on the stock. The consensus estimate for Johnson Controls’ Q1 2016 earnings is $0.82 per share. Oppenheimer also issued estimates for Johnson Controls’ Q2 2016 earnings at $1.06 EPS, Q3 2016 earnings at $1.18 EPS, FY2016 earnings at $3.81 EPS and FY2017 earnings at $4.55 EPS.

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