Core Insights - Johnson Controls International plc (JCI) reported adjusted earnings of 64 cents per share for Q1 fiscal 2025, exceeding the Zacks Consensus Estimate of 59 cents, marking a 39.1% year-over-year increase [1] - Total revenues for continuing operations reached $5.43 billion, surpassing the consensus estimate of $5.33 billion, with a year-over-year increase of 4.2% and organic revenue growth of 10% [1] Q1 Segmental Results - **Building Solutions North America**: Revenues were $2.74 billion, up 10% year over year, with organic sales also increasing by 10%. Adjusted EBITA rose 16% to $332 million [2] - **Building Solutions Europe, Middle East, Africa/Latin America**: Revenues totaled $1.07 billion, a 3% increase year over year, with organic sales climbing 6%. Adjusted EBITA was $108 million, up 35% [3] - **Building Solutions Asia Pacific**: Revenues increased 4% to $527 million, with organic sales growing 5%. Adjusted EBITA was $49 million, up 7% [3] - **Global Products**: Revenues were $1.08 billion, down 8% year over year, but organic sales increased by 15%. Adjusted EBITA rose 21.6% to $326 million [4] Margin Profile - JCI's cost of sales increased 2% year over year to approximately $3.5 billion. Gross profit rose 8.3% to $1.9 billion, with a margin increase of 140 basis points to 35.5%. Selling, general and administrative expenses were $1.4 billion, up 4.9% year over year [5] Financial Position - As of December 31, 2024, JCI had cash and cash equivalents of $1.24 billion, up from $606 million at the end of fiscal 2024. Long-term debt increased to $8.6 billion from $8 billion [6] Cash Flow and Share Repurchase - In Q1 fiscal 2025, JCI generated net cash of $249 million from operating activities, compared to a cash outflow of $111 million in the same period last year. Free cash flow was $133 million, a turnaround from a free cash outflow of $193 million in the prior year. The company repurchased 4.1 million shares for approximately $330 million [7] Guidance - For Q2, JCI anticipates mid-single digit organic revenue growth and an adjusted segment EBITA margin of approximately 16.5%. Adjusted earnings are expected to be in the range of 77-79 cents per share [8] - For FY25, JCI expects organic revenue growth in the mid-single digit range and an adjusted segment EBITA margin improvement of more than 80 basis points. Adjusted earnings are projected to be between $3.50 and $3.60 per share [9][10]

Core Insights - Johnson Controls (JCI) reported $5.43 billion in revenue for the quarter ended December 2024, reflecting an 11% year-over-year decline, while EPS increased to $0.64 from $0.51 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $5.33 billion, resulting in a surprise of +1.86%, and the EPS also surpassed the consensus estimate of $0.59 with a surprise of +8.47% [1] Revenue Breakdown - Net Sales for Building Solutions North America reached $2.74 billion, exceeding the average estimate of $2.69 billion, marking a +10.3% change year-over-year [4] - Net Sales for Building Solutions Asia Pacific were $527 million, surpassing the average estimate of $491.31 million, with a +3.9% year-over-year change [4] - Net Sales for Building Solutions EMEA/LA stood at $1.07 billion, matching the average estimate, reflecting a +3.4% year-over-year change [4] - Global Products reported Net Sales of $1.08 billion, slightly below the average estimate of $1.10 billion, showing a significant year-over-year decline of -47.5% [4] Profitability Metrics - Total Segment Adjusted EBITA for Global Products was $326 million, exceeding the average estimate of $279.49 million [4] - Total Segment Adjusted EBITA for Corporate Expense was -$127 million, worse than the average estimate of -$110 million [4] Stock Performance - Johnson Controls' shares have returned -2.4% over the past month, contrasting with the Zacks S&P 500 composite's +1.7% change, and the stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]

Key TakeawaysJohnson Controls shares led the S&P 500's gainers Wednesday morning after the company's first-quarter results beat expectations.The company's revenue and profits rose year-over-year, and its outlook for second-quarter and full-year earnings also topped estimates.The industrial manufacturer also announced Joakim Weidemanis as its new CEO, who will take over the top job in March. Shares of Johnson Controls International (JCI) surged to lead S&P 500 gainers on Wednesday morning after the company's ...

Johnson Controls International plc (NYSE:JCI) Q1 2025 Earnings Conference Call February 5, 2025 8:30 AM ET Company Participants Jim Lucas - Vice President, Investor Relations George Oliver - Chairman & Chief Executive Officer Marc Vandiepenbeeck - Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Scott Davis - Melius Research Julian Mitchell - Barclays Amit Mehrotra - UBS Chris Snyder - Morgan Stanley Joe Ritchie - Goldman Sachs Noah Kaye - Oppenheimer And ...

FISCAL Q1 2025 Earnings Conference Call February 5, 2025 FORWARD-LOOKING AND CAUTIONARY STATEMENTS/NON-GAAP FINANCIAL INFORMATION Johnson Controls International plc cautionary statement regarding forward-looking statements Johnson Controls International plc has made statements in this communication that are forward-looking and therefore are subject to risks and uncertainties. All statements in this document other than statements of historical fact are, or could be, "forward-looking statements" within the me ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Johnson Controls Reports Strong Q1 Results; Raises FY25 Guidance This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found in the attached footnotes. Non-GAAP measures should be considered in addition to, and not as replacements for, the most comparable GAAP measures. _____________________________________________________________________________________ * CORK, Ireland — February 5, 2025 — Johnson ...

Weidemanis, Danaher Veteran, to Succeed George R. OliverCORK, Ireland, Feb. 5, 2025 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced that its Board of Directors has appointed Joakim Weidemanis as Chief Executive Officer effective March 12, 2025, following the Company's Annual General Meeting of Shareholders. He succeeds George R. Oliver following a thorough succession planning process.  Joakim Weidemanis View PDF Joakim Weidema ...

Johnson Controls International plc (JCI) is scheduled to release first-quarter fiscal 2025 (ended December 2024) financial numbers on Feb. 5, before market open.The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average surprise was 3.5%. In the last reported quarter, its earnings of $1.28 per share beat the consensus estimate of $1.25 by 2.4%.The consensus estimate for revenues is pegged at $5.33 billion, indicating a decrease of 12.6% from the year-ago ...

Core Insights - Johnson Controls International plc (JCI) is experiencing strong growth in its Building Solutions North America segment, with a 16% year-over-year revenue increase in Q4 fiscal 2024 [1] - The company has provided optimistic guidance for fiscal 2025, projecting mid-single digit organic revenue growth [2] - JCI is actively pursuing acquisitions to enhance its customer base and product offerings, with a notable acquisition of FM:Systems contributing an additional $137 million in revenue for fiscal 2024 [3] - The company has returned significant value to shareholders, paying $1 billion in dividends and repurchasing $1.2 billion in shares in fiscal 2024 [4] - Despite positive trends, JCI faces challenges in its Building Solutions Asia Pacific segment, which saw a 5% revenue decline in Q4 fiscal 2024 [6] - Rising selling, general and administrative (SG&A) expenses, which increased by 5.1% to $5.7 billion, are a concern for the company's profitability [7] - JCI's liquidity position is under scrutiny, with cash and cash equivalents of $606 million falling short of its short-term and current long-term debt obligations totaling $1.5 billion [8] Financial Performance - The Building Solutions North America segment's revenue growth of 16% year-over-year in Q4 fiscal 2024 highlights strong demand in heating, ventilation, and air conditioning [1] - The Building Solutions EMEA/LA segment also performed well, with a 7% year-over-year revenue increase in the same quarter [1] - The company’s total revenue increase from acquisitions in fiscal 2024 amounted to $137 million [3] - Shareholder returns included a 2% increase in dividends year-over-year, totaling $1 billion, and a significant 99% increase in share repurchases to $1.2 billion [4] Challenges - The Building Solutions Asia Pacific segment's revenue decline of 5% in Q4 fiscal 2024 indicates potential market weaknesses, particularly in China [6] - The increase in SG&A expenses by 5.1% to $5.7 billion raises concerns about cost management and profitability [7] - The liquidity issue is highlighted by cash reserves of $606 million, which are insufficient to cover short-term and current long-term debt of $1.5 billion [8]

Company Announcement - Johnson Controls International plc will host its First Quarter Fiscal 2025 Earnings Conference Call on Wednesday, Feb 5, 2025, at 8:30 a m ET [1] - The conference call can be accessed via webcast or telephone, with a replay available until Feb 12, 2025 [1][3] - A slide presentation will be available for download on the morning of the call [3] Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, transforming environments for living, working, learning, and playing [1] - The company has a 140-year history of innovation and delivers future-oriented solutions for industries such as healthcare, schools, data centers, airports, stadiums, and manufacturing [2] - Johnson Controls offers the world`s largest portfolio of building technology, software, and service solutions under its OpenBlue digital offering [2] Investor Information - Investors can access the live webcast at http://investors johnsoncontrols com/news-and-events/events-and-presentations [3] - Telephone access for the live call is available at 833-816-1266 (US) or +1-412-317-5636 (international) [3] - A telephone replay will be available from 10:30 a m ET on Feb 5, 2025, until 11:59 p m ET on Feb 12, 2025, at 877-344-7529 (US) or +1-412-317-0088 (international) with passcode 3107846 [3]