Shares of Johnson Controls (JCI) rose 4.4% in premarket trading Tuesday after the building systems manufacturer reported better-than-expected quarterly earnings and revenue, fueled by surging demand for data center infrastructure and strong growth in its Americas business.
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If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Quick Insights Rising data center demand has driven significant earnings and revenue beats, accelerated order growth, and sharply higher backlog, fueling strong profitability and supporting growth in the Americas segment.
Johnson Controls forecasts continued organic revenue growth of 11-12% and strong operating leverage, with improving margins; management is confident continued AI-related investments and high backlog will support further profit growth into fiscal 2027. While order growth and backlog are high due to data center demand, there is investor concern about the sustainability of rapid expansion and whether these orders can be profitably converted to revenue amid operational execution challenges