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Johnson Controls (JCI) to Report Q4 Earnings, Underperforms S&P 500
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Johnson Controls (JCI) is expected to report its Q4 fiscal 2023 earnings next month, with a consensus estimate of $1.10 EPS. The company's stock has underperformed compared to the S&P 500. Johnson Controls' Q3 2023 revenues were up 8% to $7.1 billion, driven by strong demand for its commercial HVAC and fire and safety products. The company's margins are expected to expand in the near term.
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How does Johnson Controls plan to address the uncertain macroeconomic environment?
What are the potential implications of the company's Q3 2023 performance on its future growth?
What factors have contributed to JCI's underperformance compared to the S&P 500?
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