Johnson Controls Reports Q4 and FY23 Results Highlighted by Strong Sales Growth and Margin Expansion; Initiates FY24 Guidance

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Go back to Johnson Controls Reports Q4 and FY23 Results Highlighted by Strong Sales Growth and Margin Expansion; Initiates FY24 Guidance

Johnson Controls (JCI) Misses Q3 EPS by 4c, Misses on Revenue; Offers FY24 Guidance

December 12, 2023 6:56 AM EST

Johnson Controls (NYSE: JCI) reported Q3 EPS of $1.05, $0.04 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $7.1 billion.

The Company initiated fiscal 2024 full year EPS guidance:

Organic revenue growth up ~MSD year-over... More