Johnson Controls gains after lifting annual profit outlook

Johnson Controls International

29/07/2026 12:47

** Shares of Johnson Controls International JCI.N advance nearly 6% to $148.49 premarket
** The U.S. industrial supplier lifts annual adjusted profit forecast, banking on sustained AI-driven demand for data-center cooling and thermal management equipment
** Now sees 2026 adj, EPS of $5.05, up from prior est. $4.85
** Lifts its annual organic sales growth outlook to 8%, compared with a prior forecast of 6%
** Posts Q3 adj. EPS $1.42 — above analysts' average expectation of $1.30, per data compiled by LSEG
** Forecasts Q4 adj. EPS $1.55/share, topping estimates of $1.53 per share
** YTD, shares up 17.1%

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))