JCI Stock Recent News

Johnson Controls' (JCI) fiscal second-quarter results benefit from strength in the HVAC & controls businesses.

Johnson Controls beat analysts' earnings expectations for its fiscal second quarter despite soft revenue numbers. The company expects weakness in its fiscal third quarter, but kept its full-year forecast intact, implying that it is expecting a year-end rally.

While the top- and bottom-line numbers for Johnson Controls (JCI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Johnson Controls (JCI) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.75 per share a year ago.

Johnson Controls' (JCI) fiscal second-quarter results are likely to benefit from continued improvement in the HVAC & Controls business.

Besides Wall Street's top -and-bottom-line estimates for Johnson Controls (JCI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Johnson Controls (JCI) intends to utilize the funds from an offering of $700 million of its senior notes for meeting general corporate purposes.

Johnson Controls investors are hopeful about a potential sale of noncore assets. The company is an interesting way to play the theme of helping building owners meet their net zero carbon emissions goals.

Robert Bosch GmbH, Lennox International and Samsung Electronics are among the suitors competing to acquire heating and ventilation businesses worth over $6 billion from Johnson Controls International , people familiar with the matter said on Friday.

Johnson Controls (JCI) reported earnings 30 days ago. What's next for the stock?