Overview

* Janus fiscal Q2 2025 revenue falls 8.2% yr/yr, beats analyst expectations

* Adjusted EPS for fiscal Q2 beats consensus, reflecting strong operational performance

* Co reaffirms full-year 2025 guidance

Outlook

* Janus reaffirms 2025 revenue guidance of $860 mln to $890 mln

* Company expects 2025 adjusted EBITDA between $175 mln and $195 mln

* Janus sees softness in domestic self-storage due to interest rates

* Company encouraged by positive trends in commercial and international markets

Result Drivers

* SELF-STORAGE DECLINE - 14.8% drop in self-storage revenues attributed to elevated interest rates and macroeconomic uncertainty

* COMMERCIAL GROWTH - 6.7% increase in commercial and other revenues, partially offsetting self-storage decline

* INORGANIC CONTRIBUTION - $3.8 mln in inorganic revenue from TMC acquisition in commercial and other sales channel

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $228.10 $217 mln

Revenue mln (5

Analysts

)

Q2 Beat $0.20 $0.14 (5

Adjusted Analysts

EPS )

Q2 Beat $28.20 $19.50

Adjusted mln mln (5

Net Analysts

Income )

Q2 Net $20.70

Income mln

Q2 Beat $49 mln $42.70

Adjusted mln (5

EBITDA 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 ( JBI ) is $10.00, about 13.2% above its August 6 closing price of $8.68

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release:

(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.)