Profile
Sector:
IndustrialsIndustry:
Building Products & EquipmentCountry:
IrelandIPO:
28 September 1987Website:
http://www.johnsoncontrols.comNext earnings report:
30 January 2025Last dividends:
25 September 2024Next dividends:
N/APrice
regular market | 1 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
JCI Latest News
JCI is facing challenges due to poor performance in the Building Solutions Asia Pacific segment and rising costs. Additionally, unfavorable changes in foreign currency rates are a growing worry.
The expanded program will enable Johnson Controls to hire over 300 technicians for security and fire installation and service each year across the U.S. The Johnson Controls Academy offers six weeks of focused training to prepare individuals for full-time jobs. This initiative aims to meet the increasing need for skilled workers in building systems.
I maintain a "Buy" recommendation for Johnson Controls International plc, setting a target price of $98 per share for the next year because of impressive growth in the data center sector. The company reported a 10% increase in organic revenue and an 8% rise in orders, fueled by strong demand in this market. Additionally, their data center division has doubled its revenue and is expected to continue growing at a fast rate, which will greatly support overall growth.
JCI's financial results for the fourth quarter show positive outcomes due to the strong performance of their HVAC and controls divisions.
The company performed better than analysts expected for both its revenue and profits in the most recent quarter.
While the revenue and earnings per share (EPS) for Johnson Controls (JCI) provide insight into its performance for the quarter ending September 2024, it is also important to look at how these key figures stack up against Wall Street predictions and last year's results.
Johnson Controls (JCI) reported quarterly earnings of $1.28 per share, which is higher than the Zacks Consensus Estimate of $1.25 per share. This is an increase compared to earnings of $1.05 per share from the same period last year.
In the fourth quarter, sales rose by 7%, with organic sales up by 10%. For the entire year, sales grew by 2%, and organic sales increased by 4%. The fourth quarter GAAP earnings per share (EPS) was $0.95, while the adjusted EPS was $1.28, and for the full year, the GAAP EPS was $2.52, with an adjusted EPS of $3.71.
Instead of just focusing on Wall Street's predictions for Johnson Controls (JCI), it's important to examine some of its key metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.
Dublin, Nov. 01, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included the report "Residential Air Quality Control Services - Global Strategic Business Report" in its collection. The market for Residential Air Quality Control Services was valued at approximately US$4.9 Billion in 2023 and is expected to grow to US$7.8 Billion by 2030, with a compound annual growth rate (CAGR) of 7.0% during this period. This detailed report offers insights into market trends, key drivers, and forecasts to assist in making well-informed business choices.
What type of business is Johnson Controls International?
Johnson Controls International plc is a diversified technology and multi-profile company. The company designs, sells, installs, and services heating, ventilation, air conditioning, control, cooling systems, integrated electronic security systems, as well as integrated fire detection and suppression systems. It also designs and manufactures heating and air conditioning systems; fire protection and safety products, including intrusion protection, anti-theft devices, and access control and video management systems. Previously known as Johnson Controls, Inc., the company changed its name to Johnson Controls International plc in September 2016. Founded in 1885, the company is headquartered in Cork, Ireland.
What sector is Johnson Controls International in?
Johnson Controls International is in the Industrials sector
What industry is Johnson Controls International in?
Johnson Controls International is in the Building Products & Equipment industry
What country is Johnson Controls International from?
Johnson Controls International is headquartered in Ireland
When did Johnson Controls International go public?
Johnson Controls International initial public offering (IPO) was on 28 September 1987
What is Johnson Controls International website?
https://www.johnsoncontrols.com
Is Johnson Controls International in the S&P 500?
Yes, Johnson Controls International is included in the S&P 500 index
Is Johnson Controls International in the NASDAQ 100?
No, Johnson Controls International is not included in the NASDAQ 100 index
Is Johnson Controls International in the Dow Jones?
No, Johnson Controls International is not included in the Dow Jones index
When was Johnson Controls International the previous earnings report?
No data
When does Johnson Controls International earnings report?
The next expected earnings date for Johnson Controls International is 30 January 2025