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Barchart
Barchart
Aditya Sarawgi

What to Expect From Johnson Controls International’s Next Quarterly Earnings Report

Ireland-based Johnson Controls International plc (JCI) engineers, manufactures, commissions, and retrofits building products and systems. With a market cap of $51.9 billion, Johnson Controls operations span the U.S., Europe, the Indo-Pacific, and internationally. The industrial sector giant is expected to release its Q4 earnings before the market opens on Wednesday, Nov. 6.

Ahead of the event, analysts expect Johnson Controls to report a profit of $1.25 per share, up 19.1% from $1.05 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates thrice over the past four quarters while missing on another occasion. Its adjusted EPS for the last reported quarter grew 10.7% year-over-year to $1.14, exceeding the consensus estimates by 5.6%.

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