earnings
confidence high
sentiment positive
materiality 0.75
Johnson Controls Q1 adj EPS $0.67, up 24% YoY; sales $6.1B +9% organically
Johnson Controls International plc
2023-Q1 EPS reported
$0.17
revenue$6,068,000,000
- Q1 GAAP EPS $0.17; adjusted EPS $0.67 (up 24% YoY); net income adj. $463M.
- Sales $6.1B, +4% reported, +9% organically; orders +5% organically YoY.
- Record backlog $11.3B, up 11% organically; EBIT margin improved 140 bps to 10.6%.
- Initiates fiscal Q2 guidance and updates fiscal 2023 full year guidance.
- CEO cites strong momentum and positioning for smart building growth.