Johnson Controls International plc reported strong fiscal fourth quarter earnings.
The industrial conglomerate's EPS of $0.93 was +7% higher from the year-ago period. Reporting an overall organic growth of +6%, its sales was $8.4 billion. It had an adjusted free cash flow of $1.3 billion in the quarter. The company projects its fiscal 2019 adjusted EPS to be in the range of $2.90 to $3.05, representing organic EBIT growth of 8% to 12%.
The company announced an additional $1 billion of share buyback plan.