Johnson Controls International plc (JCI) was up +0.97% to $49.82. For the past year, the diversified technology and multi-industrial company beat the earnings and revenue consensus and issued ‘internet’ guidance. The company posted net sales of $451 million and 62 cents per share for its fiscal first quarter ended December. As a result, amid falling revenue representing the effects of the pandemic, profit grew more than anticipated.
Caterpillar Inc. (CAT) was stable with a bit fall of -0.81% to $182.84 following beating results that surpass profit estimates. The leader in mining and building equipment posted adjusted fourth-quarter earnings per share of $2.12, compared to a $1.45 consensus. Improved margins and a turnaround in Asian revenue helped the company. Complete quarterly revenues, similar to analyst estimates, were $11.2 billion. With the health crisis, the EPS is down by 22 percent and sales by 15 percent.
Visa Inc. (V) faced a decline after weaker results, dropping -2.51% to $193.25 on Friday. For its fiscal first-quarter earnings per share, the digital payment company reported a 3 percent decline to $1.42, versus a $1.28 estimate. Revenues totaled $5.69 billion, down from $5.53 billion by 6 percent year-on-year. The company benefited from the sharp rise in online purchasing at the end of the year, with US revenues improving by 8.3 percent over the holiday season. Moreover, an $8 billion equity repurchase scheme is being initiated by the company.
Mondelez International, Inc. (MDLZ) fell -2.94% to $55.44. In the three months concluded, MDLZ met forecasts in terms of profitability and revenues. Earnings per share on sales of $7.3 billion were 67 cents, compared to 66 cents and 7.16 billion in billings. A year ago, the U.S. agri-food company, known for its brands Oreo, Trident, and Cadbury, had 61 cents per share profit and $6.91 billion in revenue.
Honeywell International Inc. (HON) declined by -3.68% to $195.37. Honeywell met revenue and earnings forecasts and offered a forward-looking forecast. For the three months finished, earnings per share were $2.07 relative to the $2 consensus. Against a consensus of $8.4 billion, sales totaled $8.9 billion. This quarter, the U.S. aerospace and defense company predicts adjusted earnings per share of $7.60 to $8 for fiscal 2021, against the $7.87 consensus.