Johnson Controls (JCI) Tops Q1 EPS by 7c

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Go back to Johnson Controls (JCI) Tops Q1 EPS by 7c

Johnson Controls reports strong revenue and EPS growth in Q1 and reaffirms FY22 EPS guidance

February 2, 2022 6:55 AM EST

CORK, Ireland, Feb. 2, 2022 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today reported fiscal first quarter 2022 GAAP earnings per share ("EPS") from continuing operations, including special items, of $0.54. Excluding these items, adjusted EPS from continuing operations was also $0.54, up 26% versus the prior year period (see attached footnotes for non-GAAP reconciliation).

Sales of $5.9 billion increased 10% compared to the prior year on an as reported basis, and up 8% organically. GAAP net income from continuing operations was $381 million. Adjusted net income from continuing operations... More