Johnson Controls International plc (NYSE: JCI) shares surged 5.10% in pre-market trading on Wednesday following the release of its fourth-quarter earnings report and fiscal 2026 guidance. The building technology and solutions company delivered results that exceeded analyst expectations, driven by robust demand for its data center cooling systems and decarbonization solutions.
For the fourth quarter, Johnson Controls reported adjusted earnings per share of $1.26, surpassing the analyst consensus estimate of $1.20. While this represents a slight decrease from $1.28 per share in the same period last year, it still impressed investors. The company's quarterly sales reached $6.44 billion, up 3% year-over-year and beating Wall Street expectations of $6.33 billion.
Adding to the positive sentiment, Johnson Controls provided an optimistic outlook for fiscal 2026. The company forecasts adjusted earnings per share of approximately $4.55, exceeding analyst estimates of $4.43. This guidance is supported by anticipated mid-single digit organic sales growth and ongoing demand in advanced data center cooling and decarbonization solutions. The company's record systems and services backlog of $14.9 billion, up 13% year-over-year, further bolsters investor confidence in its future performance.