{"id":4083,"date":"2024-10-29T13:44:23","date_gmt":"2024-10-29T17:44:23","guid":{"rendered":"https:\/\/www.profitless.com\/?p=4083"},"modified":"2024-10-29T13:44:49","modified_gmt":"2024-10-29T17:44:49","slug":"janus-international-groups-stock-is-in-freefall-after-bad-quarter-bad-guidance","status":"publish","type":"post","link":"https:\/\/www.profitless.com\/?p=4083","title":{"rendered":"Janus International Group&#8217;s stock is in freefall after bad quarter &#038; bad guidance"},"content":{"rendered":"<p>Q3 earnings are out and storage building company Janus International <a href=\"https:\/\/finance.yahoo.com\/news\/janus-nyse-jbi-misses-q3-111621559.html\" target=\"_blank\" rel=\"noopener\">saw its sales fall 18% from last year<\/a>. Its EPS was half of what analysts were expecting and it completely the triple crown by guiding this year&#8217;s full revenue forecast from over 1 billion to $917.5. Good thing they were able to squeeze in that extra 500k.<\/p>\n<p>The stock has continued falling from -16% pre-market to a nice red -31% currently.<\/p>\n<div id=\"attachment_4084\" style=\"width: 740px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4084\" class=\"wp-image-4084 size-large\" src=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock-1024x661.png\" alt=\"\" width=\"730\" height=\"471\" srcset=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock-1024x661.png 1024w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock-300x194.png 300w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock-768x496.png 768w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock-1536x991.png 1536w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/10\/jig-stock.png 1542w\" sizes=\"auto, (max-width: 730px) 100vw, 730px\" \/><p id=\"caption-attachment-4084\" class=\"wp-caption-text\">Oof<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Q3 earnings are out and storage building company Janus International saw its sales fall 18% from last year. Its EPS was half of what analysts were expecting and it completely the triple crown by guiding this year&#8217;s full revenue forecast from over 1 billion to $917.5. Good thing they were able to squeeze in that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[101],"tags":[141],"class_list":{"0":"post-4083","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bad-forecasts","7":"tag-janus-international-group"},"acf":{"sources":null},"_links":{"self":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/4083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4083"}],"version-history":[{"count":3,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/4083\/revisions"}],"predecessor-version":[{"id":4087,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/4083\/revisions\/4087"}],"wp:attachment":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}