Janus International Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Janus International Group (NYSE:JBI) Full Year 2024 Results

Key Financial Results

• Revenue: US$963.8m (down 9.6% from FY 2023).
• Net income: US$70.4m (down 48% from FY 2023).
• Profit margin: 7.3% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.49 (down from US$0.92 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Janus International Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 1.8%.

Looking ahead, revenue is expected to decline by 3.5% p.a. on average during the next 2 years, while revenues in the Building industry in the US are expected to grow by 5.3%.

Performance of the American Building industry.

The company's shares are up 12% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Janus International Group you should be aware of.

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