Johnson Controls Q1 Earnings Smash Expectations

Johnson Controls exceeded revenue expectations with a 8.2% increase to $6.14 billion, beating the $6.06 billion forecast. Adjusted EPS hit $1.19, surpassing the $1.12 estimate by 6.4%. Full-year adjusted EPS guidance was raised by 3.2% to a midpoint of $4.85. Operating and free cash flow margins improved significantly. Despite slow revenue growth, margins have risen due to cost control. Organic revenue grew 6% year over year, and earnings per share have accelerated by 14.1% over two years. Shares remained stable at $145 post-report, indicating strong performance in a challenging sector. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0e21bad82d2fd8ae