Home Industries Johnson Controls reports another record quarter

Johnson Controls reports another record quarter

Johnson Controls, Inc. reported record sales and income from continuing operations for its fiscal second quarter. The diversified Glendale-based manufacturer’s quarterly sales increased 11 percent to a record $9.4 billion from $8.5 billion in the same period last year. The company’s diluted earnings per share from continuing operations increased to 48 cents from 44 cents a year ago. The reported earnings per share are at the top of the range forecast by the company in January.

Each of the company’s businesses increased quarterly profits by more than 25 percent compared with last year. The company also confirmed its full-year 2008 earnings guidance of 18-percent year-over-year growth.

Johnson Controls, Inc. reported record sales and income from continuing operations for its fiscal second quarter. The diversified Glendale-based manufacturer's quarterly sales increased 11 percent to a record $9.4 billion from $8.5 billion in the same period last year. The company's diluted earnings per share from continuing operations increased to 48 cents from 44 cents a year ago. The reported earnings per share are at the top of the range forecast by the company in January.

Each of the company's businesses increased quarterly profits by more than 25 percent compared with last year. The company also confirmed its full-year 2008 earnings guidance of 18-percent year-over-year growth.

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