Johnson Controls Q1 Earnings & Revenues Surpass Estimates, Rise Y/Y
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Johnson Controls reported a 10% year-over-year increase in fiscal first-quarter revenues, surpassing estimates, driven by strong performance in its HVAC and controls businesses.
February 05, 2025 | 7:45 pm
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Johnson Controls' fiscal Q1 revenues increased by 10% year-over-year, surpassing estimates, due to strong performance in HVAC and controls.
The 10% year-over-year revenue increase and surpassing of estimates indicate strong business performance, particularly in HVAC and controls, which is likely to positively impact JCI's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100