Johnson Controls raised its full-year organic revenue and adjusted EPS guidance after reporting third-quarter results that beat expectations. Organic sales increased 10% year over year, driven by strength in applied HVAC and continued expansion across systems and service segments, while adjusted EPS reached $1.42, a 35% increase from the prior year. Total orders grew 27% organically, led by a 40% increase in systems orders, and backlog reached a record $21 billion, representing 32% year-over-year organic growth. The company now expects full-year organic revenue growth of approximately 8%, up from the previous expectation of 6%, and adjusted EPS of approximately $5.05, up from the original estimate of $4.85. Fourth-quarter organic sales are projected to grow 9% to 10%, with adjusted EPS of approximately $1.55.
Johnson Controls International PLCQ3 earnings beat and raised full-year guidance
