Johnson Controls (JCI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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]