Analysts on Wall Street project that Johnson Controls (JCI) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing an increase of 4.9% year over year. Revenues are projected to reach $7.36 billion, increasing 3.2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

Key TakeawaysJohnson Controls International Plc sold its residential and light commercial HVAC business to Bosch for a total consideration of $8.1 billion.Johnson Controls will receive $6.7 billion from the deal, which includes the company's joint venture with Hitachi, in which it holds a 60% stake.CEO George Oliver said the sale is part of Johnson Controls' effort to become a simpler, higher-growth company. Johnson Controls International Plc (JCI) sold its residential and light commercial HVAC business to ...

CORK, Ireland, July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast:  What: Johnson Controls Third Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, July 31, 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 ...

Divestiture Advances Johnson Controls' Transformation into a Pure-Play Provider of Comprehensive Solutions for Commercial Buildings Transaction Valued At $8.1 Billion; JCI Consideration of $6.7 Billion Company Provides Preliminary 2024 Third Fiscal Quarter Earnings Update CORK, Ireland, July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) ("Johnson Controls" or the "Company"), the global leader in smart, healthy, safe and sustainable buildings, today announced it has reached a defini ...

PARIS, July 22, 2024 /PRNewswire/ -- As the Paris Olympics 2024 is about to get underway, millions of fans will travel to the French capital city to attend one of the world's largest sporting events. Thanks to the latest technology from Johnson Controls (NYSE: JCI), they will enjoy a more comfortable experience at some of the smartest and most energy-efficient stadiums on the continent.Chiller units at the La Chapelle power station, a chilled water production plant for the City of Paris's cooling network (C ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Johnson Controls (JCI) . This company, which is in the Zacks Security and Safety Services industry, shows potential for another earnings beat.This diversified technology and industrial company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an ave ...

Johnson Controls International plc (JCI) is benefiting from strong momentum in the Building Solutions North America and Building Solutions Europe, Middle East, Africa/Latin America (EMEA/LA) segments. Solid demand for heating, ventilation and air conditioning (“HVAC”) platform in data centers & strength in controls businesses are driving the Building Solutions North America segment. The increase in demand for HVAC platforms across Latin America and Middle East regions, and strength in industrial refrigerati ...

Johnson Controls International plc (JCI) recently entered into an agreement with Truelink Capital for the divestment of its Air Distribution Technologies business. JCI’s Air Distribution Technologies business is well known for its innovative air distribution and ventilation solutions for residential and non-residential buildings.Johnson Controls’ shares inched down 0.3% yesterday, ending the trading session at $69.10.Based in Los Angeles, Truelink Capital is a middle-market private equity company that prima ...

LOS ANGELES and PLANO, Texas, June 18, 2024 /PRNewswire/ -- Truelink Capital today announced that it has entered into a definitive agreement to acquire Air Distribution Technologies, a market leader in the air management and filtration solutions space, from Johnson Controls. Financial terms were not disclosed. The transaction is expected to close the second half of calendar year 2024 and is subject to customary closing conditions.With over 4,500 employees operating across more than 25 locations globally, Ai ...

Transaction reinforces Johnson Controls commitment to simplifying and standardizing portfolio as a comprehensive solutions provider for commercial buildings MILWAUKEE, June 18, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced it has reached a definitive agreement to sell its Air Distribution Technologies business to Truelink Capital, a middle-market private equity firm based in Los Angeles. "The sale of our Air Distribution Tech ...