Janus Intl Gr Q2 Adj $0.21 Misses $0.27 Estimate, Sales $248.40M Miss $282.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Janus International Group (NYSE:JBI) reported Q2 earnings of $0.21 per share, missing the analyst estimate of $0.27. Sales were $248.40 million, also below the $282.39 million estimate. Both earnings and sales decreased compared to the same period last year.
August 07, 2024 | 10:59 am
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Janus International Group (NYSE:JBI) reported Q2 earnings of $0.21 per share, missing the analyst estimate of $0.27. Sales were $248.40 million, also below the $282.39 million estimate. Both earnings and sales decreased compared to the same period last year.
The significant miss on both earnings and sales estimates, along with a year-over-year decline in both metrics, is likely to negatively impact JBI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100