Janus Intl Gr Q3 2024 Adj. EPS $0.11 Misses $0.21 Estimate, Sales $230.100M Miss $248.274M Estimate
Portfolio Pulse from Benzinga Newsdesk
Janus International Group reported Q3 2024 earnings per share of $0.11, missing the analyst estimate of $0.21 by 47.62%. Sales were $230.1M, below the $248.274M estimate and down 17.85% from last year.
October 29, 2024 | 10:57 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Janus International Group's Q3 2024 earnings and sales both missed analyst estimates significantly, with earnings per share at $0.11 versus the expected $0.21, and sales at $230.1M versus the expected $248.274M. This represents a notable decline in performance compared to the same period last year.
The significant miss in both earnings per share and sales compared to analyst estimates and the year-over-year decline in sales suggest a negative short-term impact on JBI's stock price. Investors are likely to react negatively to the underperformance.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100