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

Home Depot (HD) Q4 2023 Earnings: Key financials and quarterly highlights

Home Depot (NYSE: HD) reported fourth quarter 2023 earnings results today. Sales were $34.8 billion, down 2.9% from the same quarter a year ago. Comparable sales decreased 3.5%.  Net earnings were $2.8

Nvidia (NVDA) is set to report Q4 2024 results. Here is what to expect

Nvidia Corporation (NASDAQ: NVDA) has emerged as the frontrunner in providing cutting-edge solutions to enterprises for ramping up their generative AI deployments. The chipmaker is thriving on the rapid transition

Hasbro vs. Mattel: Here’s how these toymakers fared in Q4 2023

Leading toymakers Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) reported their fourth quarter 2023 earnings results this month. Both companies performed differently, with Hasbro coming out of a

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top