Johnson Controls Reports Wednesday: Optimistic Predictions - Jeffrey Mclarty

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Johnson Controls Reports Wednesday: Optimistic Predictions
Apr 15, 2008 12:02 PM UTC

Jeffrey Mclarty

Return	Risk
-36.58%	MID

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Symbol	Sentiment	Start	Return	Closed
JCI		04/15/08	-9.26%	07/16/08

Via Long Investment Ideas from Seeking Alpha:

Predictions are lame, but I can’t resist, because they are also fun.

Johnson Controls (JCI) announces Q2 for 2008 this Wednesday, April
16th. For more reasons than I have time to blog, I am going to predict
they announce in-line, and either reiterate or up guidance (and if
they do beat or up guidance, it will be marginal). I think last
quarter they were being conservative with numbers because of fears in
the economy that they couldn’t control - despite them verbally saying
otherwise.

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