Report
Brian Bernard

Johnson Controls is exploring strategic alternatives for its power solutions business.

We’re maintaining our $53 per share fair value estimate for Johnson Controls’ shares following the firm’s fiscal second-quarter earnings release. Overall, it was a solid quarter for narrow moat-rated Johnson Controls. Reported consolidated revenue grew 3% year over year to $7.5 billion, which topped the consensus estimate by about $50 million. The firm’s adjusted EPS also increased 6% to $0.53, beating the consensus estimate by $0.01. More importantly though, we think several aspects of Johnson ...
Underlying
Johnson Controls International plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch