Johnson Controls (JCI) Tops Q2 EPS by 3c

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Go back to Johnson Controls (JCI) Tops Q2 EPS by 3c

Johnson Controls Delivers Strong Q2 Order, Revenue, and EPS Growth Performance

May 4, 2022 6:55 AM EDT

FY22 Guidance Impacted by Delayed Backlog Conversion Resulting from Supply Chain Volatility 

GAAP EPS of $0.02; Adjusted EPS of $0.63, up 21% versus prior yearReported sales +9% versus prior year; +9% organicallyField Orders +11% year-over-year, with broad-based strength across regions; Service orders +8%Record Backlog of $10.9 billion, increased 12% organically year-over-yearCompleted over $500 million in share repurchases in Q2; Over $1.0 billion year-to-dateFiscal 2022 adjusted EPS guidance revised to $2.95 to $3.05, from $3.22 to $3.32 previously, an increase of 11% to 15% year-over-year

CORK, Ireland, May 4, 2022 /PRNewswire/ -- Johnson Controls International... More