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Earnings Summary: Highlights of Johnson Controls (JCI) Q4 2024 results

Johnson Controls International plc (NYSE: JCI), a sustainable building solutions provider, announced results for the fourth quarter and fiscal 2024. It also provided guidance for the first quarter. Fourth-quarter sales increased 7% year-over-year to $6.25 billion and grew 10% organically Adjusted profit increased to $1.28 per share in the September quarter from $1.05 per share […]

$JCI November 6, 2024 1 min read
NYSE
$JCI · Earnings

Johnson Controls International plc (NYSE: JCI), a sustainable building solutions provider, announced results for the fourth quarter and fiscal 2024. It also provided guidance for the first quarter. Fourth-quarter sales increased 7% year-over-year to $6.25 billion and grew 10% organically Adjusted profit increased to $1.28 per share in the September quarter from $1.05 per share […]

· November 6, 2024

Johnson Controls International plc (NYSE: JCI), a sustainable building solutions provider, announced results for the fourth quarter and fiscal 2024. It also provided guidance for the first quarter.

  • Fourth-quarter sales increased 7% year-over-year to $6.25 billion and grew 10% organically
  • Adjusted profit increased to $1.28 per share in the September quarter from $1.05 per share in Q4 2023
  • Net income attributable to the company was $633 million in the first quarter, vs. $549 million last year
  • On a per-share basis, Q3 earnings rose to $0.95 per share from $0.80 per share in the year-ago quarter
  • Fourth-quarter orders increased 8% organically year-over-year; the building Solutions backlog was $13.1 billion, up 7% organically
  • For the first quarter of fiscal 2025, the management expects organic sales growth of mid-single digits
  • Adjusted segment EBITA margin is expected to be ~14.5% in Q1; the guidance for adjusted EPS before special items is $0.57-$0.60 for the first quarter
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