Shares of Janus International Group (NYSE: JBI) are soaring 8.39% in pre-market trading on Thursday following the company's impressive first-quarter earnings report that exceeded analyst expectations across multiple metrics.
The company reported quarterly earnings of $0.13 per share, significantly beating the analyst consensus estimate of $0.08 by 62.5%. While this represents a 38.1% decrease from the same period last year, the strong performance relative to expectations has buoyed investor confidence. Janus International's quarterly sales came in at $210.50 million, surpassing the analyst consensus estimate of $200.73 million by 4.87%, though it marks a 17.29% decrease from the previous year.
Further bolstering the positive sentiment, Janus International reported an adjusted EBITDA of $38.4 million, outperforming the estimate of $37.2 million. The company's adjusted net income of $17.7 million also significantly exceeded the expected $10.7 million. Adding to the optimistic outlook, Janus International reaffirmed its full-year 2025 revenue and adjusted EBITDA guidance, signaling confidence in its future performance despite the challenging economic environment. This combination of strong current results and positive future outlook appears to be driving the substantial pre-market rally in JBI stock.
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