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JCI: Johnson Controls Expects Earnings to Top Estimates

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Citing improvements in its operating margins,

Johnson Controls

(JCI) - Get Report

said it expects fourth-quarter earnings to top analyst estimates. The auto battery maker said it expects earnings per share of between $1.60 and $1.63, better than the

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First Call/Thomson Financial

estimate of $1.57 a share for the quarter.

The company expects fiscal 2000 earnings to be in the range of $5.06 to $5.09 per share. The 17-analyst estimate from First Call was $5.02.