JCI faces headwinds from warm weather, Europe woes
Jan 18, 2013 | 04:18 PM
| Nathan Laliberte
Tags
Johnson Controls,
Earnings,
Power Solutions,
Nathan Laliberte
NEW YORK — Johnson Controls Inc. (JCI) was less profitable in its fiscal first quarter compared with the same period a year earlier, citing softer European demand and continued uncertainties in global markets.
The Milwaukee-based company posted net income of $354 million for the three months ended Dec. 31, down 16.5 percent from revised income of $424 million a year earlier but still an improvement from an $8-million net loss in the fiscal fourth quarter ended Sept. 30, 2012.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here