Johnson Controls Intl Q2 2024 Adj EPS $0.78 Beats $0.75 Estimate, Sales $6.70B Miss $6.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
Johnson Controls Intl (JCI) reported Q2 2024 adjusted EPS of $0.78, surpassing the $0.75 estimate, but its sales of $6.70B fell short of the $6.72B estimate, marking a slight 0.21% year-over-year increase.
May 01, 2024 | 10:57 am
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Johnson Controls Intl reported a mixed Q2 2024 result with earnings beating estimates but sales slightly missing expectations.
The earnings beat may provide a positive sentiment among investors, potentially offsetting the slight miss in sales. The modest year-over-year sales growth indicates stability, but the mixed results could lead to neutral short-term stock price movement.
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