Johnson Controls International (NYSE:JCI), a leading provider of smart building solutions, saw its stock soar 12.59% in pre-market trading on Wednesday after reporting impressive fiscal first-quarter results that beat expectations and raising its full-year guidance.
The company delivered fiscal Q1 2025 adjusted earnings per share of $0.64, surpassing the consensus estimate of $0.59. Revenue for the quarter came in at $5.43 billion, exceeding analysts' expectations of $5.29 billion, driven by strong growth across all segments.
The strong performance was fueled by robust demand for Johnson Controls' building solutions offerings, particularly in the high-growth areas of applied HVAC and controls. The company's focus on simplifying its portfolio and positioning itself as a pure-play building solutions provider has paid off, enabling it to achieve more consistent and predictable performance.
In addition to the solid Q1 results, Johnson Controls raised its fiscal 2025 adjusted EPS guidance range to $3.50-$3.60, up from the previous range of $3.40-$3.50. The company cited its ability to drive results through its unique value proposition and end-to-end operating model as reasons for the increased outlook.
Investors reacted positively to the news, sending Johnson Controls' shares soaring in pre-market trading. The strong Q1 performance and raised guidance have bolstered confidence in the company's prospects, as it continues to capitalize on the growing demand for smart, sustainable building solutions.
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