JCI reports narrow loss on one-time charges, beats Street view

Newswire

Oct 30 (Reuters) - Johnson Controls Inc on Tuesday reported a narrow quarterly loss on weaker sales in its key automotive business in Europe and one-time restructuring and accounting charges, the company said on Tuesday. Milwaukee-based JCI reported a net loss of $8 million, or 1 cents per share, versus a profit of $234 million, or 34 cents per share a year earlier. Excluding one-time items, JCI earned 77 cents per share, narrowly beating analyst expectations of ...

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