Johnson Controls, TRW Beat Forecasts, Outlook Cloudy
Auto parts and building equipment maker Johnson Controls (JCI) narrowly beat profit estimates and said it expects limited growth in the coming year. Rival TRW Automotive (TRW) also topped Wall Street expectations. TRW Automotive said profit dipped 9% from the same quarter a year ago, to $1.24 a share, beating analysts' target by seven cents. Sales edged up 13% to $3.97 billion, above analysts' outlook of $3.92 billion. TRW's results were helped
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