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Johnson Controls (JCI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
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Johnson Controls (JCI - Free Report) reported $6.25 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 9.5%. EPS of $1.28 for the same period compares to $1.05 a year ago.
The reported revenue represents a surprise of -13.96% over the Zacks Consensus Estimate of $7.26 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +2.40%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Johnson Controls performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Building Solutions North America: $3.22 billion versus the four-analyst average estimate of $2.99 billion. The reported number represents a year-over-year change of +16%.
Net Sales- Building Solutions EMEA/LA: $1.11 billion compared to the $1.09 billion average estimate based on four analysts. The reported number represents a change of +6.5% year over year.
Net Sales- Building Solutions Asia Pacific: $664 million versus $610.68 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4.7% change.
Net Sales- Global Products: $2.39 billion versus $2.52 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
Total Segment Adjusted EBITA- Global Products: $670 million versus the four-analyst average estimate of $530.75 million.
Total Segment Adjusted EBITA- Corporate Expense: -$114 million versus the three-analyst average estimate of -$106.05 million.
Shares of Johnson Controls have returned -2% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Johnson Controls (JCI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Johnson Controls (JCI - Free Report) reported $6.25 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 9.5%. EPS of $1.28 for the same period compares to $1.05 a year ago.
The reported revenue represents a surprise of -13.96% over the Zacks Consensus Estimate of $7.26 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +2.40%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Johnson Controls performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Building Solutions North America: $3.22 billion versus the four-analyst average estimate of $2.99 billion. The reported number represents a year-over-year change of +16%.
- Net Sales- Building Solutions EMEA/LA: $1.11 billion compared to the $1.09 billion average estimate based on four analysts. The reported number represents a change of +6.5% year over year.
- Net Sales- Building Solutions Asia Pacific: $664 million versus $610.68 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4.7% change.
- Net Sales- Global Products: $2.39 billion versus $2.52 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Total Segment Adjusted EBITA- Global Products: $670 million versus the four-analyst average estimate of $530.75 million.
- Total Segment Adjusted EBITA- Corporate Expense: -$114 million versus the three-analyst average estimate of -$106.05 million.
View all Key Company Metrics for Johnson Controls here>>>Shares of Johnson Controls have returned -2% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.