Joann Inc expected to post earnings of 10  cents a share - Earnings Preview

Joann

31/05/2022 21:35

* Joann Inc  JOAN.OQ   JOAN.O  is expected to show a fall in
quarterly revenue when it reports  results on June 2. 
    * The Hudson Ohio-based  company is expected to report  a
10.0% decrease in revenue to $516.965 million from $574.4
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Joann Inc is for
earnings
of 10 cents per share. For the same quarter last year, the
company reported earnings of 46 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Joann Inc
is
$11​, above​ its last closing price of $8.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2022  1.04        1.04       1.16      Beat    12.1
 Oct. 31 2022  0.63        0.64       0.73      Beat    13.8
 Jul. 31 2021  -0.13       -0.13      -0.20     Missed  -48.6​
 Apr. 30 2021  0.18        0.18       0.46      Beat    149
 ​​                                                     
                                                        ​
 This summary was machine generated May 31 at 20:35 GMT.  All
figures in US dollars  unless otherwise stated