(Reuters) -Johnson Controls International forecast 2026 profit above expectations on Wednesday, banking on sustained demand from data centers for its building and industrial equipment. As businesses
Johnson Controls Projects 2026 Profits to Exceed Market Expectations
2026 Profit Forecast and Market Response
(Reuters) -Johnson Controls International forecast 2026 profit above expectations on Wednesday, banking on sustained demand from data centers for its building and industrial equipment.
Impact of Data Center Demand
As businesses accelerate their adoption of AI, the need for data centers has skyrocketed, helping companies like Johnson Controls, which makes liquid cooling systems for IT equipment as well as specialized security and fire systems.
Quarterly Performance Overview
Shares of Cork, Ireland-based Johnson Controls rose 4.5% in premarket trading.
It expects a full-year 2026 adjusted profit per share of roughly $4.55, compared with Wall Street expectations of $4.43 apiece, according to data compiled by LSEG.
The company posted fourth-quarter revenue of $6.44 billion, up 3.1% from a year earlier.
Excluding items, quarterly profit per share came in at $1.26, compared to expectations of $1.20.
(Reporting by Aishwarya Jain in Bengaluru; Editing by Maju Samuel)
