A Preview Of Johnson Controls Intl's Earnings
Portfolio Pulse from Benzinga Insights
Johnson Controls Intl (NYSE:JCI) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-12. Analysts predict an EPS of $1.09. Investors are looking for an earnings beat and positive guidance for the next quarter. Last quarter, JCI missed EPS estimates by $0.00, resulting in a 2.38% share price drop the following day. Shares are currently trading at $56.08, down 14.59% over the last 52 weeks, indicating bearish sentiment among long-term shareholders.
December 11, 2023 | 5:00 pm
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NEUTRAL IMPACT
Johnson Controls Intl is expected to report an EPS of $1.09 in its upcoming earnings. Last quarter's miss had a negative impact on the stock price. Current share price trends and past performance suggest a bearish sentiment among investors.
The short-term impact on JCI's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive future guidance. The stock's reaction to the last earnings miss suggests sensitivity to earnings performance. However, the current bearish trend may temper any positive reaction to an earnings beat, while a miss could exacerbate the negative sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100