Analysts are estimating that Johnson Controls Intl will report an earnings per share (EPS) of $1.20.
Johnson Controls Intl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
In the previous earnings release, the company beat EPS by $0.05, leading to a 1.69% drop in the share price the following trading session.
Here's a look at Johnson Controls Intl's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
1.09
0.75
0.51
1.09
EPS Actual
1.14
0.78
0.51
1.05
Price Change %
-2.0%
0.0%
-3.0%
0.0%
Analyst Opinions on Johnson Controls Intl
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Johnson Controls Intl.
A total of 8 analyst ratings have been received for Johnson Controls Intl, with the consensus rating being Neutral. The average one-year price target stands at $79.75, suggesting a potential 7.44% upside.
Analyzing Analyst Ratings Among Peers
The ...