Johnson Controls

Johnson Controls (NYSE:JCI) Fiscal Q3 Adjusted EPS, Revenue Rise; Updates Guidance

Johnson Controls (NYSE:JCI) reported Q3 fiscal 2023 adjusted earnings of $1.03 per diluted share , compared with $0.85 a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $1.03. Revenue for the quarter ended June 30 was $7.13 billion, compared with $6.61 billion a year earlier. Analysts surveyed by Capital IQ expected $7.20 billion. For Q4, the company said that it expects adjusted EPS of approximately $1.10. Analysts are expecting $1.13. For full-year fiscal 2023 Johnson Controls said it expects adjusted EPS of about $3.55, compared with previous guidance of $3.50 to $3.60. Analysts have forecast $3.58 per share.

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