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JOANQ Joann News Story

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Joann Inc reports results for the quarter ended in October - Earnings Summary

* Joann Inc  JOAN.OQ  reported quarterly adjusted earnings of 73
cents​​ per share for the quarter ended in October. The mean
expectation of nine analysts for the quarter was for earnings of
64 cents per share.
* Revenue was $611.00 million​;  analysts expected $619.58
million. 
* Joann Inc's reported EPS for the quarter was 53 cents​.
* The mean earnings estimate of analysts had fallen by
about 28.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Joann Inc shares had fallen by 22.5% this quarter.
* The company reported quarterly net income of $22.8 million.
* Wall Street's median 12-month price target for Joann Inc is
$14.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated December 2 at 10:50 p.m.
 ​All figures in US dollars unless otherwise stated

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