Johnson Controls (JCI) Q2 Earnings Top, Revenues Lag Estimates
Johnson Controls(JCI) Zacks Investment Research·2024-05-01 23:35
Johnson Controls International plc (JCI) reported second-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 78 cents per share, which beat the Zacks Consensus Estimate of 75 cents. The bottom line increased 4% year over year.Total revenues of $6.70 billion missed the consensus estimate of $6.75 billion. While the top line was relatively flat year over year, organic revenues inched up 1%.Segmental ResultsBuilding Solutions North America: Revenues were $2.74 billion, up 9% year over year. Our estim ...