Stocks Under Review: Johnson Controls International plc Ordinary Share (NYSE:JCI), Gold Fields Limited (ADR) (NYSE:GFI)

On Thursday, Shares of Johnson Controls International plc Ordinary Share (NYSE:JCI), added 3.22% and closed at $45.25 in the last trading session. The last trading range of the stock ranges between $44.11 and $45.31. For the fourth quarter of fiscal 2016, Johnson Controls (JCI), stated $10.2 billion in sales, segment EBIT of $798 million and a GAAP net loss from continuing operations of $1.2 billion, which includes one month of Tyco results (merger accomplished Sept. 2, 2016) in addition to several special items. GAAP diluted loss per share from continuing operations for the quarter was $1.61 contrast to breakeven in the prior year quarter.

Adjusting for special items and apart from the Tyco results, non-GAAP adjusted diluted earnings per share from continuing operations raised 16 percent to $1.21 from $1.04 in the prior year quarter. Financial highlights from continuing operations for the quarter include:

Adjusted net sales of $9.4 billion as compared to $8.7 billion in the prior year quarter, with the increase due mainly to incremental sales from the Johnson Controls-Hitachi joint venture.

Adjusted segment EBIT from continuing operations of $1,085 million contrast with $939 million in the prior year quarter, up 16 percent, reflecting the contribution of the Hitachi joint venture and ongoing Johnson Controls Operating System benefits.

Adjusted segment EBIT margin of 11.6 percent was 90 basis points higher than the prior year quarter.

Adjusted diluted EPS of $1.21 exceeded guidance of $1.17 to $1.20.

Gold Fields Limited (ADR) (NYSE:GFI), dropped-8.78 % and closed at $3.74 in the last trading session. The last trading range of the stock ranges between $3.70 and $4.02. The company’s Market capitalization is $3.35 Billion with the total Outstanding Shares of 776.59 million. Gold Fields Limited produces gold and holds gold reserves in South Africa, Ghana, Australia, and Peru. It engages in underground and surface gold and surface copper mining and related activities, counting exploration, extraction, processing, and smelting. The company holds interests in eight operating mines with an annual gold production of about 2.16 million ounces, in addition to mineral reserves of about 46 million ounces and mineral resources of about 102 million ounces. It also produces copper in Peru and holds attributable copper mineral reserves totaling 532 million pounds and mineral resources totaling 910 million pounds.

Leave a Reply

Your email address will not be published. Required fields are marked *