financetom
Business
financetom
/
Business
/
Update: Johnson Controls Shares Rise After Fiscal Q1 Beat, Updated 2025 EPS Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Johnson Controls Shares Rise After Fiscal Q1 Beat, Updated 2025 EPS Outlook
Feb 5, 2025 9:19 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved