Janus International Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Janus International

29/10/2024 14:16

* Janus International Group Inc  JBI.N  reported quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 27 cents.  The mean expectation of
six analysts for the quarter was for earnings of 21 cents per
share. Wall Street expected results to range from 20 cents to 22
cents per share.
    * Revenue fell 17.9% to $230.10 million from a year ago;
analysts
expected $248.27 million. 
    * Janus International Group Inc's reported EPS for the
quarter was
8 cents​.
    * The company reported quarterly net income of $11.8
million.
    * Janus International Group Inc shares had risen by 2.0%
this
quarter and lost 21.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 13.00 
This summary was machine generated from LSEG data October 29 at
02:16 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
 Sep. 30 2024      0.21           0.11           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