earnings
confidence high
sentiment positive
materiality 0.70
Johnson Controls Q2 GAAP EPS ($0.41), adj. EPS $0.78; sales flat, orders +12% org.
Johnson Controls International plc
2024-Q2 EPS reported
$0.14
revenue$12,793,000,000
- GAAP net loss $(277M), EPS $(0.41); adjusted net income $533M, adjusted EPS $0.78.
- Sales $6.7B flat YoY as reported; organic sales +1%; orders +12% organically.
- Building Solutions backlog $12.6B, up 10% organically year-over-year.
- Maintained full-year FY2024 guidance; initiated Q3 fiscal 2024 guidance.
- CEO cites margin expansion, balance sheet progress, and record backlog.