Janus International Group Inc (JBI) said before open Monday that it broke even in quarter three 2023.
In the same quarter a year ago, the company earned $0.22 per share on revenue of $262.5 million.
The stock is down 2.49% to $9.81 after the report.
The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.
The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 62. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.
Janus International Group Inc is a manufacturer and supplier of turnkey solutions for self-storage, commercial and industrial buildings, providing products that include roll-up and swing doors, hallway systems, relocatable storage units, and technologies for automating facility and door operation. The company focuses on two primary markets, providing building solutions to the self-storage industry and the broader commercial industrial market. It is operated through two geographic regions; Janus North America and Janus International.
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Janus International Group Inc Down 2.49% To $9.81 After Earnings
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