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Form 8-K · Current Report · Filed 2024-07-31

Johnson Controls Reports Solid Q3 Results and Tightens FY24 Guidance

Johnson Controls International plc reported solid Q3 results with an increase in organic sales by 3% and GAAP EPS of $1.45.

Filer
Johnson Controls International plc JCI · NYSE
Filed
Accession
0000833444-24-000049
CIK
0000833444
Signal
Medium impactIndustrials

Details

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%.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$69.03

Next session

+1.9%

Since filing

+112.5%

Latest close

$146.66

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from JCI reporting the same item, with the next session's move:

Exhibits (1)

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.

Exchange NYSE Industry Building Products & Equipment Company website ↗

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