Friday, September 18, 2015

Johnson Controls Conference Call Takeaways

Investors in Johnson Controls Inc. (NYSE:JCI) have watched the company being restructured in the past couple of years, and the recent third-quarter results promised more of the same. Having announced an intent to explore strategic options for its Automotive Experience segment (dealing in car seating and interiors) in June, management subsequently released third-quarter results and announced plans for a tax-free spinoff of the segment -- one that could change the nature of the company. With this development in mind, let's look at the five key takeaways from the earnings report.


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