Johnson Controls (NYSE: JCI) posted its second quarter earnings on May 1, wherein a rise in both revenue and earnings was reported. The increased focus of the company on its Buildings segment is paying off, with 2% organic sales growth, and 7% improvement in field orders noted in the quarter. The solid growth in this segment can be expected throughout the financial year, given the promising underlying trends. Looking ahead, new business wins in the segment should help to alleviate the pressure, and positively impact the top-line growth. Strategic Review of Power Solutions Business: JCI has stated in the past that it is undertaking a strategic review of its Power Solutions business.

Source: Forbes May 03, 2018 15:33 UTC