Johnson Controls Expects To Post Record Profits In Fiscal 2015 - Quick Facts

(RTTNews) - Johnson Controls (JCI), a multi-industrial company, Tuesday said it expects to post record profits in fiscal 2015.

For the year, the firm expects earnings per share of $3.55 to $3.70, excluding transaction and integration costs associated with M&A activity.

On average, 17 analysts polled by Thomson Reuters expect earnings of $3.61 per share. Analysts' estimates typically exclude special items.

Consolidated net sales are estimated to be around $42.3 billion, level with fiscal 2014. Analysts expect revenues of $43.15 billion.

The company believes China is a growth opportunity across all its businesses, representing more than $8 billion in annual revenues in fiscal 2014, including the company's non-consolidated joint ventures.

The company also provided mid-term margin guidance, through 2019, for each of its businesses.

Johnson Controls believes that all three businesses will see increasing profitability benefits from the Johnson Controls Operating System as it is continually implemented over the next several years.

The company is meeting its financial analysts today in New York City, where it will discuss its fiscal 2015 forecast and mid-term financial outlook.