The company said that fiscal 2024 Q3 sales increased to $7.2 billion, up 1% as reported and 3% organically year over year. GAAP EPS was $1.45, and adjusted EPS excluding special items was $1.14.

1. 01

   The company said that fiscal 2024 Q3 sales increased to $7.2 billion, up 1% as reported and 3% organically year over year. GAAP EPS was $1.45, and adjusted EPS excluding special items was $1.14.

2. 02

   Johnson Controls said Building Solutions North America sales for Q3 were $2,899 million, up 9%. It said GAAP segment EBITA margin was 18.0% and adjusted margin was 15.9%. The company cited a favorable earn-out liability adjustment among the factors behind the GAAP margin expansion.

3. 03

   The company said operating cash flow for Q3 was $1.0 billion and free cash flow was $922 million. It paid dividends of about $249 million in the same quarter and repurchased 6.0 million shares of common stock for about $402 million.

4. 04

   The company said it set its adjusted EPS outlook for fiscal 2024 full year at ~$3.66 to ~$3.69, versus its prior outlook of ~$3.60 to ~$3.75. Adjusted EPS excludes special items.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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