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Johnson Controls Sees 2010 Earnings Rise

 
By Steve Goldstein
MarketWatch Pulse
     

    LONDON -- Johnson Controls , ahead of an investor presentation, said it expects fiscal 2010 earnings per share to range between $1.35 and $1.45 on 9% revenue growth to $31 billion. The Milwaukee automotive interior and ventilation systems maker also said fourth-quarter earnings are due to range between 40 and 42 cents a share. Analysts polled by FactSet expected 2010 EPS of $1.43 and fourth-quarter EPS of 39 cents and 2010 sales of $30.1 billion.

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