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Johnson Controls' Fiscal Q2 Adjusted Earnings, Revenue Advance; Maintains Fiscal 2024 Adjusted Profit Guidance
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Johnson Controls' Fiscal Q2 Adjusted Earnings, Revenue Advance; Maintains Fiscal 2024 Adjusted Profit Guidance
May 1, 2024 5:08 AM

07:40 AM EDT, 05/01/2024 (MT Newswires) -- Johnson Controls ( JCI ) reported fiscal Q2 adjusted earnings Wednesday of $0.78 per diluted share, up from $0.75 a year earlier.

Analysts polled by Capital IQ expected $0.75.

Revenue for the quarter ended March 31 was $6.70 billion, compared with $6.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.71 billion.

The company said it expects fiscal Q3 adjusted EPS of $1.05 to $1.10. Analysts polled by Capital IQ expect $1.13.

Adjusted EPS for the current fiscal year is still projected to be $3.60 to $3.75, the company said. Analysts polled by Capital IQ are looking for $3.60.

The company's shares were down 1.6% in recent Wednesday premarket activity.

Price: 64.00, Change: -1.07, Percent Change: -1.64

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