Johnson Controls International plc
Johnson Controls Reports Solid Q3 Results and Tightens FY24 Guidance
Summary
Johnson Controls International plc reported solid Q3 results with an increase in organic sales by 3% and GAAP EPS of $1.45. The company tightened its full-year 2024 guidance for adjusted EPS to a range of $3.66 to $3.69, up from $3.60 to $3.75, and provided Q4 guidance for organic sales growth of ~7%.
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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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