Shares of Janus International Group (JBI) plummeted 11.52% in pre-market trading on Thursday following the release of its third-quarter 2025 financial results, which fell short of analyst expectations across multiple key metrics.
The self-storage and commercial door solutions provider reported adjusted earnings per share (EPS) of $0.16, missing the IBES estimate of $0.20. Revenue for the quarter came in at $219.3 million, falling short of the anticipated $225.6 million. Additionally, Janus International's adjusted EBITDA was $43.6 million, significantly below the IBES estimate of $49.9 million.
The company's performance was particularly impacted by a 20.1% decrease in Commercial and Other revenues, which more than offset a 3.7% increase in total Self-Storage revenues. Janus attributed approximately 70% of the revenue decline in the Commercial and Other segment to project timing in its TMC business. In response to the weaker-than-expected results, Janus International updated its full-year 2025 guidance, now expecting revenue between $870 million and $880 million, and adjusted EBITDA between $164 million and $170 million. This revision has likely contributed to the negative market reaction, as investors reassess the company's near-term growth prospects.
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