JCI - Johnson Controls: Deteriorating APAC Region But Strengths Elsewhere
2024-04-11 15:48:38 ET
Summary
- Johnson Controls reported in-line EPS but missed on revenues, yet the share price increased.
- The company has strong returns on invested capital and pays good dividends.
- Valuation suggests the share price could potentially increase by 18% but a deteriorating APAC region leaves reaching guidance at risk.