Janus (JBI) Q4 Earnings: What To Expect

Self-storage and building solutions company Janus (NYSE:JBI) will be reporting results tomorrow afternoon. Here’s what to expect.

Janus missed analysts’ revenue expectations last quarter, reporting revenues of $219.3 million, down 4.7% year on year. It was a disappointing quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ revenue estimates.

Is Janus a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Janus’s revenue to decline 6.3% year on year, improving from the 12.5% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Janus has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Janus’s peers in the building products segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Johnson Controls delivered year-on-year revenue growth of 6.8%, beating analysts’ expectations by 2.8%, and Northwest Pipe reported revenues up 5%, topping estimates by 3%. Johnson Controls traded up 6.9% following the results while Northwest Pipe was also up 10.3%.

Read our full analysis of Johnson Controls’s results here and Northwest Pipe’s results here.

There has been positive sentiment among investors in the building products segment, with share prices up 3.6% on average over the last month. Janus is down 4.4% during the same time and is heading into earnings with an average analyst price target of $9.30 (compared to the current share price of $6.68).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.