In a familiar refrain from major U.S. exporters during this earnings season, Johnson Controls Inc. said its second-quarter earnings took a hit from currency
effects. The strong U.S. dollar -- which reduces the value of foreign
earnings when converted back to U.S. dollars -- caused the company to
miss earnings estimates and reduce its full-year earnings outlook.
However, the underlying trends are much stronger than the headline
numbers suggest. Let's check out the latest earnings.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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