Johnson Controls Reports Strong Start to Fiscal Year; Provides Fiscal 2021 Full Year and Q2 Guidance
- GAAP EPS of $0.45; Adjusted EPS of $0.43, up 8% versus prior year
- Continued sequential quarterly improvement in sales, orders and profitability
- Backlog of $9.5B increases 3% organically year-over-year
- Cash provided by operating activities was $0.5 billion; Free cash flow of $0.4 billion
- Executed $346 million of planned share repurchases in Q1
- Announced ambitious new ESG commitments
- Provides fiscal 2021 second quarter adjusted earnings per share guidance range of $0.47 to $0.49; top-line organic growth expected to turn positive
- Provides fiscal 2021 full year adjusted earnings per share guidance range of $2.45 to $2.55; represents a 9 to 14% increase year over year
A Peek Into The Markets: US Stock Futures Down Ahead Of Earnings
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Johnson Controls Guides FY21 In Line With Estimates
MILWAUKEE (dpa-AFX) - While reporting financial results for the first quarter on Friday, Johnson Controls International plc (JCI) provided adjusted earnings and organic revenue growth guidance for the second quarter and full-year 2021.
For the second quarter, the company projects adjusted earnings in a range of $0.47 to $0.49 per share on a slight growth in organic revenue.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.40 per share on a revenue growth of 1.90 percent to $5.27 billion for the quarter. Analysts estimates typically exclude special items.
Looking ahead to fiscal 2021, the company now projects adjusted earnings guidance in the range of $2.45 to $2.55 per share, representing a year-over-year increase of 9 to 14 percent. It also expects organic revenue growth in the low-to-mid single digit.
Process Chillers Market Study with Competitive Landscape, Market Insights and growth Prospects The market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights into the global bcg vaccines sales market research report.
BriefingWire.com, 1/29/2021 - Facto Market Insights published a title on âGlobal Process Chillers Market â 2020-2029â, to its collection. The study on the global process chillers market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients to make strategic business decisions. The report provides a key overview of the market status of process chillers market manufacturers with marke
rmozJanuary 28, 2021
The recent report titled
“Covid-19 Impact on Building Management Market, Global Research Reports 2020-2021” offered by Researchmoz.us, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Building Management market”.
This is the most recent report inclusive of the COVID-19 effects on the functioning of the market. It is well known that some changes, for the worse, were administered by the pandemic on all industries. The current scenario of the business sector and pandemic’s impact on the past and future of the industry are covered in this report.
vimarsana © 2020. All Rights Reserved.