11:58 AM EST, 02/05/2025 (MT Newswires) -- (Updates with recent stock price movement in the headline and first paragraph.)
Johnson Controls International's ( JCI ) shares were up 12% in recent Wednesday trading after the company posted better-than-expected fiscal Q1 results and raised its full-year earnings outlook.
The company reported fiscal Q1 adjusted earnings of $0.64 per diluted share, up from $0.46 a year earlier.
Analysts polled by FactSet expected $0.59.
Net sales for the quarter ended Dec. 31 were $5.43 billion, up from $5.21 billion a year earlier.
Analysts surveyed by FactSet expected $5.29 billion.
The company said it expects fiscal Q2 adjusted EPS before special items of about $0.77 to $0.79.
Analysts polled by FactSet expect non-GAAP EPS of $0.73.
Johnson Controls ( JCI ) said it now expects fiscal 2025 adjusted EPS before special items of about $3.50 to $3.60, compared with previous guidance of about $3.40 and $3.50.
Analysts surveyed by FactSet expect $3.47.
Price: 86.50, Change: +9.21, Percent Change: +11.91