Categories Analysis, Other Industries
Earnings Summary: A snapshot of Johnson Controls (JCI) Q4 2023 results
Johnson Controls International plc (NYSE: JCI), a provider of sustainable building solutions, announced results for the fourth quarter and fiscal 2023. It also provided guidance for the first quarter.
- Fourth-quarter sales increased 3% year-over-year to $6.9 billion and grew 2% organically
- Net income attributable to the company rose to $761 million in Q4 from $549 million last year
- At $1.10 per share, earnings from continuing operations were up 38% year-over-year
- There was a 9% annual increase in orders during the three months
- Net income from continuing operations came in at $549 million; adjusted net income from continuing operations was $719 million
- For the first quarter, the management expects organic revenue to be broadly flat year-over-year
- Adjusted segment EBITA margin is expected to be around 13% in Q1; the guidance for adjusted EPS is $0.48-$0.50
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
