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Oct 9 (Reuters) - Diversified manufacturer Johnson Controls Inc (JCI.N) forecast earnings from continuing operations for the fourth quarter and 2007 below Wall Street expectations.
The company expects earnings of 77 cents to 78 cents a share for the quarter and about $2.08 to $2.10 a share for the year. It said its 2007 earnings excludes a non-recurring tax benefit of 6 cents a share.
Analysts on average expect the company to earn 89 cents a share for the fourth quarter, and $2.40 a share for the full year, both excluding special items, according to Reuters Estimates. (Reporting by Dilipp S. Nag in Bangalore)