Latest news with #JCI
Yahoo
2 days ago
- Business
- Yahoo
Johnson Controls' Q3 2025 Earnings: What to Expect
Johnson Controls International plc (JCI), headquartered in Cork, Ireland, engineers, manufactures, commissions, and retrofits building products and systems. With a market cap of $69.7 billion, the company offers air systems, building management, HVAC controls, security, and fire safety solutions. The engineering giant is expected to announce its fiscal third-quarter earnings for 2025 before the market opens on Tuesday, Jul. 29. Ahead of the event, analysts expect JCI to report a profit of $1.01 per share on a diluted basis, down 11.4% from $1.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect JCI to report EPS of $3.63, down 2.2% from $3.71 in fiscal 2024. Its EPS is expected to rise 15.2% year over year to $4.18 in fiscal 2026. JCI stock has outperformed the S&P 500 Index's ($SPX) 12.1% gains over the past 52 weeks, with shares up 51.9% during this period. Similarly, it outperformed the Industrial Select Sector SPDR Fund's (XLI) 21.7% rise over the same time frame. On May 7, JCI shares closed up more than 1% after reporting its Q2 results. Its net sales stood at $5.7 billion, up 1.4% from the year-ago quarter. The company's adjusted EPS of $0.82 climbed 18.8% year over year. Analysts' consensus opinion on JCI stock is reasonably bullish, with a 'Moderate Buy' rating overall. Out of 20 analysts covering the stock, 12 advise a 'Strong Buy' rating, and eight give a 'Hold.' JCI's average analyst price target is $107.70, indicating a potential upside of 1.7% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
American Press
5 days ago
- Business
- American Press
School Board puts off HVAC decision for west side of district
(American Press Archives) The decision on the HVAC (heating, ventilation and air conditioning) contract for the west side of the Calcasieu Parish school district has been halted a second time. A heated discussion about splitting HVAC contracts between two companies – one for the west side and one for the east side of the parish – that began in June was carried into the July Calcasieu Parish School Board meeting on Tuesday. The board was divided on the decision to move forward with splitting the district by maintaining Johnson Controls (JCI) services on the east side of the parish and granting a contract to a different company on the west side of the parish. The other three companies considered were Bernhard, Corporate Mechanical Contractors (CMC) and STAR. CPSB completed a request for proposals for HVAC services to begin on Nov. 1, 2025. The district's intention to complete the RFP was voiced at the October 2024 regular meeting, following a request from the long-range planning committee. At the same meeting, CPSB recommended that the board extend the contract with JCI for one year while the RFP was created by CSRS, a consulting firm. In June, the board was presented with the RFP and staff recommendations. After about two hours of discussion, the board voted to award the east side to JCI. The decision on the west side was delayed until July, so that staff could present more detailed recommendations. Board members were concerned about several things, including the higher cost of services for companies other than JCI, the number of available HVAC technicians, and the way distance would affect the quality of service. RFP interviews were held by CPSB staff in June. Superintendent Jason VanMetre said at the July meeting that staff found that since all companies could provide quality services, 'staff felt that price was a deciding factor and recommended Lafayette-based Bernhard. Bernhard's base annual cost of service is approximately $2.5 million, plus $433,628 for the cost of controls, totalling just over $3 million. STAR's base cost is $3.4 million, plus $377,160 for the cost of controls, totalling $3.8 million. CMC's base cost of service would have been $4.2 million, plus $3.3 million for controls cost, totaling $7.6 million. Bernhard and CMC would provide eight to 10 employees. STAR would provide 12 to 15. The proposals also include potential additional costs to convert CPSB's HVAC controls to a graphical user interface (GUI), which would modernize the district's systems. In the STAR contract, GUI conversion is required. At the start of the discussion, board member Tony O'Banion, District 10, suggested that the board actually grant the west side contract to JCI and dedicate $1 million annually to replace equipment throughout the district. He stated that while CPSB has had issues with JCI's services over the years, the service has improved since the district put millions into HVAC infrastructure. 'For years, we have chosen to cut the budget, and there were probably valid reasons at the time. We probably needed to cut,' he said. 'But we cut to the point where they couldn't perform. Once we increased it … they've done better. They've done preventative maintenance.' JCI's proposal for the west side includes 17 employees in the service area for a total cost of $2.4 million, with an optional first-year cost to convert to GUI controls. Board member Dean Roberts, District 6, suggested the board be willing to spend more money for better service, as 'Johnson Controls has not performed. Period.' 'We all debated that and we decided to split it. 'Here, we've gone through that process. We didn't do this to find the lowest price, the cheapest price, so we end up in the same boat. … Cheap has not worked.' After a series of failed motions, the board ultimately decided to table the discussion until August with a vote of 11-4. Board members Russell Castille, District 12; Glenda Gay, District 3; Aaron Natali, District 1; and Roberts voted against the tabling.
Yahoo
5 days ago
- Business
- Yahoo
Johnson Controls' Sensormatic Solutions Launches AI-Powered Shopper Tracking with Privacy-First Re-ID Technology
Johnson Controls International (NYSE:JCI) is one of the best manufacturing stocks to buy according to hedge funds. On July 8, Sensormatic Solutions, which is a retail solutions portfolio of Johnson Controls, announced the launch of new people-counting devices enabled with Re-Identification (Re-ID) technology and advanced deep learning AI capabilities. This development provides retailers with more data-driven insights into shopper demographics, abandonment rates, shopper-only conversion rates, dwell times, and previously unseen movement patterns. The Re-ID technology uses complex algorithms to anonymize and identify individual visitors as they move throughout a property. A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. It relies on generic identifiers like clothing colors rather than personal identifiable information/PI, staff wearables, or facial recognition. This approach helps to protect shopper privacy and ensure compliance with regulations such as GDPR, while still allowing retailers to understand how and where visitors make shopping decisions. Johnson Controls International (NYSE:JCI) engineers, manufactures, commissions, and retrofits building products and systems in the US, Europe, the Asia Pacific, and internationally. Sensormatic Solutions is the leading global retail solutions portfolio of Johnson Controls. While we acknowledge the potential of JCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
5 days ago
- Business
- Zawya
Jordan's industrial exports rise 8% in first third of 2025
AMMAN — Jordan's industrial exports grew by 8 per cent in the first third of 2025, reaching JD2.5 billion compared with JD2.3 billion during the same period last year, data released by the Jordan Chamber of Industry (JCI) showed on Wednesday. Industrial exports accounted for 93.4 per cent of the Kingdom's total national exports, which stood at JD2.7 billion between January and April, the Jordan News Agency, Petra, reported. The export coverage ratio, reflecting the extent to which exports cover imports, reached 39.2 per cent for industrial goods, while total national exports covered 42 per cent of imports during the same period. JCI reported that industrial exports hit their highest level for this time of year in recent years. The strongest monthly growth was recorded in February, with exports climbing 18 per cent to JD648 million, compared with JD549 million in February 2024. Eight of 10 industrial sub-sectors saw an increase in exports. Chemical industries led all sectors with JD575 million in exports, followed by the garments and leather sector at JD527 million and engineering and electrical products at JD505 million. Other key export figures included mining industries with JD329 million, food and supply industries with JD307 million, plastics and rubber with JD56 million, packaging and paper products with JD46 million, and construction materials with JD46 million. Meanwhile, two sectors recorded declines, where exports of pharmaceuticals and medical supplies dropped 8 per cent to JD168 million, while wood and furniture exports declined 9 per cent to JD12 million. Jordan's leading industrial exports during the period included clothing, nitrogen-based and chemical fertilisers, phosphate, jewellery, pharmaceutical products, and other chemical goods. In terms of export destinations, Arab countries ranked first, receiving JD1.142 billion worth of industrial exports. North America followed with JD728 million, and South Asia with JD300 million. Exports to the European Union totalled JD140 million, followed by East Asia with JD110 million, non-Arab African countries with JD56 million, and South America with JD10 million. The US was the top single-country importer of Jordanian industrial goods, receiving JD701 million worth of exports. It was followed by Saudi Arabia with JD337 million, Iraq with JD273 million, the UAE with JD90 million, China with JD76 million, Palestine with JD53 million, and Egypt with JD52 million. The industrial sector comprises some 18,000 production facilities across the country, including 16,200 craft establishments and 1,800 larger industrial plants. The sector collectively manufactures more than 1,500 products across various industries. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
The Print
08-07-2025
- Politics
- The Print
Goa CM Pramod Sawant among JCI's most influential Asia-Pacific members
In a statement, JCI India's National Director (PR) Kiran Bantu said chief minister Sawant is in the list of most influential and representative members of JCI for Asia and Pacific 2025 along with chairman of Gera Development Kumar Gera and MP Anil Bonde. Panaji, July 8 (PTI) Goa Chief Minister Dr Pramod Sawant is amongst the eight Indian members and alumni recognised as the most influential and representative members of Junior Chamber International for Asia and the Pacific 2025, it said on Tuesday. A senior JCI functionary said Sawant was a founder president of JCI Usgao (North Goa) in 2007 and was instrumental in starting JCI Sanquelim, a unit which he has been mentoring till now. The award is being given to Sawant for the commitment towards society he has shown through the Swayampoorna Goa initiative and his success in steering the state through the COVID-19 crisis. The award would be presented at the 110th Anniversary celebration function by JCI Philippines on July 17-18, the statement said. PTI RPS KRK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
