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Up 10% This Year, Does Johnson Controls Stock Still Have Room To Grow?
Forbes· 2024-05-08 11:15
BRAZIL - 2022/06/07: In this photo illustration, the Johnson Controls logo is displayed on a ... [+] smartphone screen and in the background. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesJohnson Controls stock (NYSE: JCI) reported its Q2 fiscal 2024 results last week (fiscal ends in September), with revenue marginally missing and earnings exceeding the street expectations. The company reported revenue of $6.70 billion and adjusted ea ...
JOHNSON CONTROLS APPOINTS CHRIS BONTEMPO AS VICE PRESIDENT AND CHIEF MARKETING OFFICER
Prnewswire· 2024-05-07 13:00
Data-Driven Leader with Track Record of Strong Revenue GenerationCORK, Ireland, May 7, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced it has appointed Chris Bontempo as vice president and chief marketing officer, responsible for marketing strategies across the enterprise to drive demand generation and enhance brand equity, including market development, research and planning. Johnson Controls Vice President and Chief Marke ...
Johnson Controls(JCI) - 2024 Q2 - Earnings Call Presentation
2024-05-01 17:42
FISCAL Q2 2024 Earnings Conference Call May 1, 2024 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 communicationthatare 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-lookin ...
Johnson Controls(JCI) - 2024 Q2 - Earnings Call Transcript
2024-05-01 16:39
Johnson Controls International plc (NYSE:JCI) Q2 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Jim Lucas - VP, IR George R. Oliver - Chairman and CEO Marc Vandiepenbeeck - EVP & CFO and President, Building Solutions EMEALA Conference Call Participants Stephen Tusa - JPMorgan Nigel Coe - Wolfe Research Scott Davis - Melius Research Joseph O'Dea - Wells Fargo Julian Mitchell - Barclays Noah Kaye - Oppenheimer Andrew Kaplowitz - Citigroup Joseph Ritchie - Goldman Sachs Jeffrey Sprag ...
Johnson Controls (JCI) Q2 Earnings Top, Revenues Lag Estimates
Zacks Investment Research· 2024-05-01 15:35
Johnson Controls International plc (JCI) reported second-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 78 cents per share, which beat the Zacks Consensus Estimate of 75 cents. The bottom line increased 4% year over year.Total revenues of $6.70 billion missed the consensus estimate of $6.75 billion. While the top line was relatively flat year over year, organic revenues inched up 1%.Segmental ResultsBuilding Solutions North America: Revenues were $2.74 billion, up 9% year over year. Our estim ...
Why Johnson Controls Stock Is Down Today
The Motley Fool· 2024-05-01 15:15
Earnings were fine, but the company faces headwinds in China.Climate control and building automation specialist Johnson Controls International (JCI -7.34%) delivered an earnings beat before the market opened Wednesday, but sales were a little bit below expectations. Investors appear to be nervous about how the rest of the year will progress, and sent shares lower in morning trading. As of 11:12 a.m. ET, the stock was off by 7.6%.Weakness in China offset strength elsewhereIn its fiscal second quarter, which ...
Johnson Controls (JCI) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-01 14:35
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 ...
Johnson Controls(JCI) - 2024 Q2 - Quarterly Report
2024-05-01 14:34
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 ...
Johnson Controls (JCI) Tops Q2 Earnings Estimates
Zacks Investment Research· 2024-05-01 13:05
Johnson Controls (JCI) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this diversified technology and industrial company would post earnings of $0.50 per share when it actually produced earnings of $0.51, delivering a surprise of 2%.Over the la ...
Johnson Controls(JCI) - 2024 Q2 - Quarterly Results
2024-05-01 10:57
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 ___ ...