For the quarter ended March 2024, Johnson Controls (JCI) reported revenue of $6.7 billion, up 0.2% over the same period last year. EPS came in at $0.78, compared to $0.75 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.75 billion, representing a surprise of -0.76%. The company delivered an EPS surprise of +4.00%, with the consensus EPS estimate being $0.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _____ To _____ Commission File Number: 001-13836 JOHNSON CONTROLS INTERNATIONAL PLC (Exact name of registrant as specified in its charter) Ireland 98-0390500 (Jurisdicti ...

Group 1: Earnings Performance - Johnson Controls reported quarterly earnings of $0.78 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, and up from $0.75 per share a year ago, representing an earnings surprise of 4% [1] - The company posted revenues of $6.7 billion for the quarter ended March 2024, which was 0.76% below the Zacks Consensus Estimate and slightly down from $6.69 billion year-over-year [1] - Over the last four quarters, Johnson Controls has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [1] Group 2: Stock Performance and Outlook - Johnson Controls shares have increased by approximately 12.9% since the beginning of the year, outperforming the S&P 500's gain of 5.6% [2] - The company's earnings outlook is crucial for future stock movements, with a strong correlation between near-term stock movements and trends in earnings estimate revisions [3] - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $7.47 billion, and for the current fiscal year, it is $3.61 on revenues of $27.72 billion [4] Group 3: Industry Context - The Security and Safety Services industry, to which Johnson Controls belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable industry outlook [5] - Another company in the same industry, Axon Enterprise, is expected to report quarterly earnings of $0.97 per share, reflecting a year-over-year increase of 10.2%, with revenues anticipated to be $437.52 million, up 27.5% from the previous year [6]

Exhibit 99.1 FOR IMMEDIATE RELEASE Johnson Controls Reports Solid Q2 Results; Maintains FY24 Guidance ________________________________________________________________________________ ▪ Q2 reported sales were flat versus prior year and increased 1% organically ▪ Q2 GAAP EPS of $(0.41); Q2 Adjusted EPS of $0.78 ▪ Q2 Orders +12% organically year-over-year ▪ Building Solutions backlog of $12.6 billion increased 10% organically year-over-year ▪ Initiates fiscal Q3 and maintains full year fiscal 2024 guidance ___ ...

Core Viewpoint - Johnson Controls International plc (JCI) is expected to report its second-quarter fiscal 2024 financial results on May 01, with mixed expectations regarding earnings performance and revenue growth [1][4]. Financial Performance Expectations - The consensus estimate for JCI's second-quarter fiscal 2024 revenues is $6.8 billion, indicating a 1% increase from the previous year [1]. - The consensus estimate for adjusted earnings is 75 cents per share, consistent with the year-ago quarter [1]. Segment Performance Insights - The Building Solutions North America segment is projected to generate revenues of $2.6 billion, reflecting a 2.4% increase year-over-year [2]. - The Building Solutions Europe, the Middle East, Africa/Latin America segment is expected to achieve revenues of $1 billion, suggesting a 0.2% increase from the prior year [2]. - Investments in digital offerings, particularly the OpenBlue digital platform, are anticipated to contribute positively to revenue growth [2]. Challenges and Risks - JCI is expected to face challenges in its Global Products and Building Solutions Asia Pacific segments, with declining global residential sales impacting the Global Products segment [3]. - The Building Solutions Asia Pacific segment is likely to be affected by difficult market conditions in China [3]. - An increase in the cost of sales, projected to rise by 2.5% year-over-year, may negatively impact profit margins [3]. Earnings Prediction Insights - The current Earnings ESP for JCI is -0.74%, indicating a lower Most Accurate Estimate of 75 cents per share compared to the Zacks Consensus Estimate of 76 cents [4]. - JCI holds a Zacks Rank of 4 (Sell), suggesting a lower likelihood of an earnings beat this quarter [4].

Wall Street analysts expect Johnson Controls (JCI) to post quarterly earnings of $0.75 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $6.75 billion, up 1% from the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a c ...

Scope 1 and Scope 2 emissions reduced 43.8% and Scope 3 emissions reduced 27.1% since 2017 Invested 90% of new product research and development in climate-related innovation  Reports highest number of employee volunteer hours since 2017 Emissions avoided by customers though OpenBlue solutions have quadrupled since 2020 Performance contracting delivering vast carbon savings and billions in operational savings for our customers CORK, Ireland, April 22, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the ...

Johnson Controls International plc (JCI) announced the pricing of senior notes yesterday. Subject to the fulfilment of customary conditions, the public offering of notes is expected to close on Apr 19, 2024.It is worth mentioning here that the company’s shares lost 0.3% yesterday, ending the trading session at $64.23.Inside the HeadlinesAs noted, the offering will comprise $700 million of 5.500% senior notes, due to expire on Apr 19, 2029. Senior notes have been priced at 99.737% of the principal amount, pl ...

CORK, Ireland, April 16, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI) (the "Company" or "Johnson Controls"), the global leader for smart, healthy and sustainable buildings, today announced the pricing of its offering of $700 million senior notes due 2029. The net proceeds will be used for general corporate purposes, including the repayment, redemption or refinancing of outstanding commercial paper and other near-term indebtedness. General corporate purposes may also include acquisitions, additions to w ...

CORK, Ireland, April 11, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast:  What: Johnson Controls Second Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, May 1, 2024, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presenta ...