Janus International Group Inc reports results for the quarter ended in June - Earnings Summary

Janus International

07/08/2024 14:52

* Janus International Group Inc  JBI.N  reported quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in June, lower than the same quarter last year, when the company
reported EPS of 25 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 27 cents per
share. Wall Street expected results to range from 25 cents to 29
cents per share.
    * Revenue fell 8.2% to $248.40 million from a year ago;
analysts
expected $282.39 million. 
    * Janus International Group Inc's reported EPS for the
quarter was
19 cents​.
    * The company reported quarterly net income of $27.6
million.
    * Janus International Group Inc shares had risen by 5.1%
this
quarter and gained 1.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Janus
International Group Inc is $17.00 
This summary was machine generated from LSEG data August 7 at
01:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.27           0.21           Missed
 Mar. 31 2024      0.19           0.21           Beat
 Dec. 31 2023      0.26           0.24           Missed
 Sep. 30 2023      0.24           0.27           Beat