'We continue to make progress with our cost saving initiatives and investments in key technologies that support our growth both organically and inorganically. 'We had another strong quarter in both order growth and revenue, despite a tough prior year compare,' said Olivier Leonetti, Chief Financial Officer. 'We are accelerating our digital transformation efforts and have made great progress in positioning the company to capitalize on key growth vectors across sustainable buildings and services led by connectivity with OpenBlue. We are confident that our innovative solutions will support long-term profitable growth and value creation for our customers and shareholders for years to come.' 'Our teams remained resilient, as they diligently advanced our supply chain management efforts to mitigate disruptions.'

Further, robust demand has persisted as our customers look to us for healthy, smart, and sustainable building solutions,' said George Oliver, Chairman and Chief Executive Officer. 'During the fiscal third quarter, we continued to execute on our transformative strategy, delivering record order velocity and sequential margin improvement. Adjusted EBIT was $809 million and adjusted EBIT margin was 12.2%, down 120 basis points versus the prior year. Earnings before interest and taxes ('EBIT') was $553 million and EBIT margin was 8.4%. Adjusted net income from continuing operations of $594 million was flat versus the prior year. GAAP net income from continuing operations was $379 million. Sales of $6.6 billion increased 4% compared to the prior year on an as reported basis and grew 8% organically. Excluding special items, adjusted EPS from continuing operations was $0.85, up 3% versus the prior year period (see attached footnotes for non-GAAP reconciliation). 4, 2022 /PRNewswire/ - Johnson Controls International plc (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today reported fiscal third quarter 2022 GAAP earnings per share ('EPS') from continuing operations, including special items, of $0.55. Fiscal 2022 adjusted EPS guidance refined to $2.98 to $3.02, from $2.95 to $3.05 previously, absorbing 6 cents of FX headwinds versus our prior guideĬORK, Ireland, Aug.

Completed approximately $400 million in share repurchases in the quarter $1.4 billion year-to-date.Record Field Backlog of $11.1 billion, increased 13% organically year-over-year.Strong Order momentum continues – Total Field Orders +8% year-over-year +11% organically.Reported sales +4% versus prior year +8% organically.GAAP EPS of $0.55 Adjusted EPS of $0.85, up 3% versus prior year.

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