Loading...
•
Sep 30, 2023
Johnson Controls Q4 2023 Earnings Report
Reported strong sales growth and margin expansion.
Key Takeaways
Johnson Controls reported a 3% increase in sales compared to the prior year, with organic sales up 2%. GAAP EPS was $0.80, and adjusted EPS was $1.05, a 6% increase year-over-year, which includes a $0.04 headwind from the cyber incident. The company's backlog reached a record $12.1 billion, increasing 9% organically year-over-year.
Q4 reported sales increased 3% versus prior year and up 2% organically.
Q4 GAAP EPS of $0.80; Q4 Adjusted EPS of $1.05, including a $0.04 headwind from the cyber incident, up 6% versus prior year.
Q4 Orders +9% organically year-over year.
Record backlog of $12.1 billion, increased 9% organically year-over-year.
Forward Guidance
The Company initiated fiscal 2024 first quarter and full year guidance:
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...