Johnson Controls Q4 Profit Soars - Quick Facts

(RTTNews) - Auto parts supplier Johnson Controls, Inc. (JCI) reported net income from continuing operations of $311 million, or $0.46 per share for the fiscal 2014 fourth quarter. Net income attributable to JCI surged year-on-year to $309 million, or $0.46 per share, from $105 million, or $0.15 per share.

Non-GAAP earnings per share from continuing operations were $1.04 versus $0.91 in the same quarter last year, up 14 percent. On average, 20 analysts polled by Thomson Reuters expected earnings per share of $1.01 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales for the recent quarter were $10.98 billion, compared with revised $10.7 billion a year ago. Eighteen analysts estimated $11.18 billion sales for the quarter.