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/Mis Actual Consensu

s s

Estimate

Q3 Miss $219.30 $225.62

Revenue mln mln (5

Analysts

)

Q3 Miss $0.16 $0.20 (4

Adjusted Analysts

EPS )

Q3 Miss $22.60 $28.54

Adjusted mln mln (3

Net Analysts

Income )

Q3 Net $15.20

Income mln

Q3 Miss $43.60 $49.94

Adjusted mln 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 $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:

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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.)