Johnson Controls Gains as It Forecasts Strongest Year Since 2019
Workers enter a Johnson Controls company plant.
Photographer: Julio Cesar Aguilar/AFP/Getty ImagesJohnson Controls International Plc shares rise after forecasting its strongest earnings growth in over five years, signaling persistent demand for data center cooling and decarbonization solutions.
Shares rose as much as 6.2% before the bell as the HVAC company expects adjusted earnings to rise about 21% in 2026, according to a Wednesday statement. That would be the strongest pace since 2019, and is ahead of Wall Street’s expected 18% increase.