Overview
Janus fiscal Q3 revenue declines 4.7% yr/yr, missing analyst expectations
Adjusted EPS for fiscal Q3 misses analyst expectations
Company repurchased 82 thousand shares for $0.8 mln, indicating confidence in future growth
Outlook
Janus expects full-year 2025 revenue between $870 mln and $880 mln
Company forecasts 2025 adjusted EBITDA between $164 mln and $170 mln
Result Drivers
REVENUE DECLINE - 4.7% decrease in total revenue driven by a 20.1% drop in Commercial and Other revenues, mainly due to project timing in TMC business
SELF-STORAGE GROWTH - Self-Storage revenues increased by 3.7%, partially offsetting declines in other segments
NET INCOME INCREASE - Net income rose 28.8% to $15.2 mln, attributed to operational efficiencies and cost management
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $219.30 mln | $225.62 mln (5 Analysts) |
Q3 Adjusted EPS | Miss | $0.16 | $0.20 (4 Analysts) |
Q3 Adjusted Net Income | Miss | $22.60 mln | $28.54 mln (3 Analysts) |
Q3 Net Income | $15.20 mln | ||
Q3 Adjusted EBITDA | Miss | $43.60 mln | $49.94 mln (5 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for Janus International Group Inc is $11.00, about 15.5% above its November 5 closing price of $9.29
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw6ngGm9a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)