Janus International Group, Inc. (JBI) Q3 Earnings and Revenues Lag Estimates

分组1 - Janus International Group, Inc. reported quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of$0.20 per share, and down from $0.27 per share a year ago, representing an earnings surprise of -45$230.1 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 6.24%, and down from $280.1 million year-over-year [2] - The stock has underperformed the market, losing about 21% since the beginning of the year compared to the S&P 500's gain of 22.1% [3] 分组2 - The earnings outlook for Janus International Group is currently unfavorable, leading to a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the coming quarter is $0.22 on revenues of$256.6 million, and for the current fiscal year, it is $0.84 on$1 billion in revenues [7] - The Building Products - Miscellaneous industry, to which Janus International Group belongs, is currently in the bottom 27% of Zacks industries, suggesting potential challenges ahead [8]