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NEUHAUSEN, Switzerland--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), collaborates with HappyOrNot®, the global leader in customer and employee experience management solutions, to announce a strategic go-to-market alliance and a new offering that puts the customer experience front and center. The Brand Vitality Meter enables stores to merge shopper feedback data collected from HappyOrNot's Smiley Touch™, Smiley Terminal™ d.

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

While the top- and bottom-line numbers for Johnson Controls (JCI) give a sense of how the business performed in the quarter ended June 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 $1.14 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.03 per share a year ago.

Johnson Controls CEO George Oliver will retire following dialogue with activist Elliott Management. Elliott amassed a $1 billion stake in the company earlier this year.

Q3 reported sales increased 1% and 3% organically* Q3 GAAP EPS of $1.45; Q3 Adjusted EPS* of $1.14 Q3 Orders +5% organically year-over-year Building Solutions backlog of $12.9 billion increased 10% organically year-over-year Initiates fiscal Q4 and updates full year fiscal 2024 guidance* * This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found in the attached footnotes.

George R. Oliver to retire as CEO and remain chair of the Board, following appointment of successor Advances Board refreshment with appointment of Patrick Decker as a new, independent director; Appointment follows Constructive Dialogue with Elliott Management CORK, Ireland , July 31, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced that George R. Oliver has informed the Board of Directors that it is time to initiate the CEO succession plan following the company's substantial progress on its portfolio transformation.

Johnson Controls' (JCI) fiscal Q3 results are likely to benefit from continued improvement in the HVAC & Controls business.

Get a deeper insight into the potential performance of Johnson Controls (JCI) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.