earnings
confidence high
sentiment positive
materiality 0.85
Johnson Controls Q3 FY23: GAAP EPS $1.53, Adj EPS $1.03 (+21% YoY); Sales $7.1B +9% organic
Johnson Controls International plc
2023-Q3 EPS reported
$1.89
revenue$19,887,000,000
- GAAP EPS from continuing ops $1.53; adjusted EPS $1.03, up 21% YoY.
- Sales $7.1B, +8% as reported and +9% organic; orders +8% organic YoY.
- Record backlog $12.0B, up 8% organic YoY; adjusted EBIT margin 13.8% (+160bps).
- Initiates Q4 and updates FY23 guidance; CFO sees further margin expansion in FY24.