Janus International Group, Inc (JBI) Tops Q2 EPS by 5c, beats revenue, offers guidance

Janus International Group, Inc (NYSE: JBI) reported Q2 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $270.6 million versus the consensus estimate of $261.2 million.

2023 Financial Guidance:

Based on the Company’s current business outlook, Janus is raising full-year 2023 guidance as follows:

Revenue in a range of $1.07 billion to $1.09 billion, up from the previous range of $1.06 billion to $1.08 billion. The new range represents a 5.9% increase at the midpoint as compared to 2022 levels.
Adjusted EBITDA in a range of $269.5 million to $289.5 million, up from the previous range of $253 million to $278 million. The new range represents a 23.2% increase at the midpoint as compared to 2022 levels

For earnings history and earnings-related data on Janus International Group, Inc (JBI) click here.

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