Janus International Group’s stock is in freefall after bad quarter & bad guidance
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’s full revenue forecast from over 1 billion to $917.5. Good thing they were able to squeeze in that extra 500k.
The stock has continued falling from -16% pre-market to a nice red -31% currently.
