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 ...

Group 1: Market Conditions - Johnson Controls' shares rose by 10.2% in March, influenced by positive updates from competitors [1] - Siemens Smart Infrastructure reported that its smart infrastructure business is performing well, which bodes well for Johnson Controls' market prospects [2] Group 2: Company Restructuring - Johnson Controls is considering selling parts of its residential and light commercial HVAC businesses, with potential buyers including Robert Bosch, Samsung, and Lennox International, for assets valued over $6 billion [3] - The sale would allow Johnson Controls to focus on its core commercial HVAC and fire and security products [3] Group 3: Strategic Rationale - Investors may favor the sale as it aligns with the trend of commercial building owners retrofitting HVAC systems to enhance efficiency and meet net-zero emissions targets [4] - The residential and light commercial HVAC segments contributed only 10% of sales in 2023, indicating that divesting these units could strengthen the investment case for the company [5] Group 4: Operational Challenges - Johnson Controls is currently assessing the impact of a cyber attack that affected its growth in Q1 2024 [5] - The company is experiencing a temporary sales weakness as dealers deplete excess inventory built during the supply chain crisis [5][6] - Management anticipates a significant sales growth rebound in the second half of the financial year [6]

CORK, Ireland, March 13, 2024 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a regular quarterly dividend of $0.37 per share of common stock, payable on April 19, 2024, to shareholders of record at the close of business on March 25, 2024. Johnson Controls has paid a consecutive dividend since 1887. About Johnson ControlsAt Johnson Controls (NYSE:JCI), we transform the environments where peo ...

MILWAUKEE, March 12, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced the Johnson Controls Foundation's pledge of $1 million to the American Red Cross Annual Disaster Giving Program (ADGP) over the next two years. By making a proactive donation to Red Cross Disaster Relief, the Foundation is helping ensure the organization is prepared to meet the needs of people affected by disasters big and small across the United States. ...