Joann Inc expected to post earnings of 23cents a share - Earnings Preview

Joann

28/11/2022 11:07

* Joann Inc  JOAN.OQ   JOAN.O  is expected to show a fall in
quarterly revenue when it reports  results on November 30
(estimated). 
    * The Hudson Ohio-based  company is expected to report  a
6.4% decrease in revenue to $571.747 million from $611 million a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Joann Inc is for
earnings
of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Joann Inc
is $6​,
above​ its last closing price of $4.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jul. 31 2022  -0.64       -0.65      -0.75     Missed  -15.2
 Apr. 30 2022  0.13        0.10       -0.22     Missed  -320
 Jan. 31 2022  1.04        1.04       1.16      Beat    12.1​
 Oct. 31 2021  0.63        0.64       0.73      Beat    13.8
 ​​Jul.        -0.13       -0.13      -0.20     Missed  -48.6
 31 2021                                                
 Apr. 30 2021  0.18        0.18       0.46      Beat    149​
 This summary was machine generated November 28 at 11:07 GMT. 
All figures in US dollars  unless otherwise stated