Johnson Controls International plc
Johnson Controls Reports Solid Q1 Results; Updates FY24 Guidance
Summary
Johnson Controls International plc reported GAAP earnings per share (EPS) of $0.55 and adjusted EPS of $0.51 for the first quarter of 2024. Sales were flat year-over-year at $6.1 billion. The company updated its full-year 2024 adjusted EPS guidance to a range of $3.60 to $3.75. A press release detailing the results was furnished as Exhibit 99.1.
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About Johnson Controls International plc
Johnson Controls International plc is a leading diversified technology and multi-industrial company that provides a wide range of products and services across various industries. Its primary function is to optimize building efficiencies, enhance comfort, and ensure safety. The company is widely recognized for its Building Technologies and Solutions division, which offers integrated platforms for HVAC (heating, ventilation, air conditioning), building automation, and security systems. Additionally, Johnson Controls plays a pivotal role in the energy sector through its power solutions, particularly with a focus on developing state-of-the-art battery technologies for automotive and renewable energy applications. As a global leader headquartered in Cork, Ireland, Johnson Controls serves various sectors including residential, commercial, and industrial markets. Its commitment to sustainability and innovation positions it as a significant player in advancing smart building and energy solutions on a global scale.
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