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Benzinga
Benzinga
Business
Anusuya Lahiri

Johnson Controls Posts Strong Backlog, Confident Outlook

Warsaw,,Poland.,14,March,2022.,Sign,Johnson,Controls.,Company,Signboard

Johnson Controls International (NYSE:JCI), the diversified global leader in smart, healthy, and sustainable buildings, saw its shares trade modestly lower on Tuesday, despite reporting a strong third quarter that surpassed analyst expectations.

The company, a prominent American-Irish multinational conglomerate specializing in fire, HVAC, and security equipment for buildings, delivered strong top-line growth and improved profitability, leading to an upward revision of its fiscal 2025 earnings guidance.

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