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JCI
Benzinga
103 days

Johnson Controls International Analysts Increase Their Forecasts After Upbeat Earnings

1. JCI reported Q2 sales growth of 1.4%, beating estimates. 2. Adjusted EPS of 82 cents surpassed consensus of 59 cents. 3. Q3 adjusted EPS forecasted between $0.97 and $1.00. 4. JCI raised FY25 adjusted EPS outlook to $3.60. 5. Analysts raised price targets, maintaining positive ratings.

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FAQ

Why Bullish?

JCI's strong earnings and raised outlook indicate solid performance. Historically, such results often lead to stock price appreciation.

How important is it?

The better-than-expected earnings and raised guidance are influential for JCI's stock trajectory.

Why Short Term?

Immediate market response to earnings typically reflects within weeks. Analysts' upgrades support short-term price momentum.

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