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Johnson Controls
🇮🇪 NYSE:JCI
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•
Dec 31, 2019

Johnson Controls Q1 2020 Earnings Report

Johnson Controls had a strong start to the fiscal year, marked by fifth consecutive quarter of organic double-digit adjusted EBIT growth as a pure-play buildings technology company, and reaffirmed full year guidance.

Key Takeaways

Johnson Controls reported a 2% increase in sales to $5.6 billion, with organic growth of 3%. Adjusted EPS from continuing operations was $0.40, a 54% increase versus the prior year. The company reaffirmed its fiscal 2020 adjusted EPS guidance of $2.50 to $2.60.

GAAP EPS from continuing operations was $0.21 per share, including special items.

Adjusted EPS from continuing operations was $0.40, up 54% versus prior year.

Sales were $5.6 billion, up 2%, reflecting organic growth of 3%.

The company repurchased approximately 15 million shares in the quarter for $651 million.

Total Revenue
$5.58B
Previous year: $5.46B
+2.0%
EPS
$0.4
Previous year: $0.26
+53.8%
Total Backlog
$5.8B
Gross Profit
$1.8B
Previous year: $1.73B
+4.5%
Cash and Equivalents
$2.16B
Previous year: $292M
+639.7%
Total Assets
$42.5B
Previous year: $48B
-11.5%

Johnson Controls

Johnson Controls

Johnson Controls Revenue by Segment

Forward Guidance

The company reaffirms fiscal 2020 adjusted EPS from continuing operations guidance of $2.50 to $2.60, representing a year-over-year increase of 28% to 33%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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