Janus Intl Gr Lowers FY2024 Sales Guidance from $1.00B-1.03B to $910.00M-925.00M (Est $1.005B)
Portfolio Pulse from Benzinga Newsdesk
Janus International Group has revised its FY2024 sales guidance downward from $1.00B-1.03B to $910M-925M, which is below the estimated $1.005B.
October 29, 2024 | 11:00 am
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Janus International Group has reduced its FY2024 sales guidance to $910M-925M, which is below the previous range and market estimates.
The downward revision of sales guidance suggests potential challenges in achieving previous revenue targets, which could lead to negative investor sentiment and short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100