Johnson Controls Intl's Return on Invested Capital Overview
Portfolio Pulse from Benzinga Insights
Johnson Controls Intl (NYSE:JCI) reported Q2 earnings of $174 million, a 11.54% increase from Q1, and sales of $6.69 billion, a 10.18% increase since Q1. The company posted a return on invested capital (ROIC) of 2.51%, indicating effective capital allocation.
May 19, 2023 | 2:51 pm
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Johnson Controls Intl's Q2 earnings and sales increased, and the company posted a 2.51% ROIC, indicating effective capital allocation.
Johnson Controls Intl's Q2 earnings and sales increased, which is a positive sign for investors. The company's ROIC of 2.51% indicates effective capital allocation, which can lead to higher returns and earnings per share growth. This news is likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100