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Johnson Controls (JCI)
NYSE:JCI
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Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.59Last Year’s EPS
$0.51Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 7.72%
|Next Earnings Date:Jan 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment, emphasizing strong revenue growth, record backlog, and significant EPS and free cash flow improvements. However, challenges such as declining sales in Asia Pacific, margin pressures in North America, and expected restructuring costs were also noted.Company Guidance
During the Johnson Controls Q4 2024 earnings call, the company provided guidance for fiscal 2025, projecting adjusted EPS from continuing operations to be in the range of $3.40 to $3.50, representing a growth of 6% to 9%. The company anticipates organic sales growth of mid-single digits and expects segment margins to expand by over 50 basis points. Additionally, Johnson Controls aims for an adjusted free cash flow conversion of 85% or greater, consistent with fiscal 2024 performance, and plans to return 100% of free cash flow to shareholders through dividends and share repurchases. The company also announced a multiyear restructuring plan to address $400 million in expenses over the next three years, expected to yield annual cost savings of approximately $500 million.Strong Organic Revenue Growth
Johnson Controls delivered double-digit organic revenue growth in Q4 2024, with a robust margin expansion of 260 basis points to 18.6%.
Record Backlog
The company ended the year with a record backlog of $13.1 billion, driven by 7% order growth and high demand in data centers.
Significant EPS Growth
Adjusted EPS increased by 22% year-over-year, exceeding the high end of the guidance range.
Strong Free Cash Flow
Adjusted free cash flow conversion was 96% in Q4 2024, with $2.4 billion in adjusted free cash flow, improving nearly $800 million year-over-year.
Fiscal 2025 Guidance
Johnson Controls introduced fiscal 2025 guidance with an adjusted EPS range of $3.40 to $3.50, representing 6% to 9% growth.
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JCI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JCI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $74.86 | $81.47 | +8.83% |
| Jul 31, 2024 | $68.69 | $71.19 | +3.64% |
| May 01, 2024 | $64.40 | $59.85 | -7.07% |
| Jan 30, 2024 | $55.75 | $53.62 | -3.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Johnson Controls (JCI) report earnings?
Johnson Controls (JCI) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Johnson Controls (JCI) earnings time?
Johnson Controls (JCI) earnings time is at Jan 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JCI EPS forecast?
JCI EPS forecast for the fiscal quarter 2025 (Q1) is $0.59.
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