Johnson Controls Raises Annual Profit Forecast on Data-Center Cooling Demand
businesscompany-earnings 2 posts · 2 accounts
Johnson Controls raised its annual profit forecast, citing demand for data-center cooling. The stronger outlook highlights continued spending tied to cooling equipment for data centers.
The company raised its fiscal 2026 adjusted earnings-per-share guidance to about $4.85 from about $4.70, according to its results release.
From the sources (2 posts)
@reutersJohnson Controls raises annual profit forecast on data center cooling demand
@reutersbizJohnson Controls raises annual profit forecast on data center cooling demand