NYSE$JBI
Janus International Group Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Financial results for the second quarter of 2022 were released, demonstrating revenue growth and increased profitability.
Janus International Group reported a strong second quarter in 2022, with a 42.2% increase in revenue, driven by strong performance across all sales channels. Adjusted EBITDA increased by 41.1% to $50.7 million, and net income grew to $22.8 million. The company raised its full-year 2022 revenue and Adjusted EBITDA outlook.
- Revenues increased by 42.2% to $247.7 million compared to the second quarter of 2021.
- Adjusted EBITDA increased by 41.1% to $50.7 million compared to the second quarter of 2021.
- Net income was $22.8 million, or $0.16 per diluted share, compared to a $1.7 million loss in the second quarter of 2021.
- The company raised its full-year 2022 revenue and Adjusted EBITDA outlook.
Headline financials
Revenue & EPS history
Janus · Revenue · Quarterly
$248M
Forward guidance
Janus International Group raised its full-year 2022 outlook.
Tailwinds
- Revenue in a range of $940 million to $960 million, up from the previous range of $890 million to $910 million.
- The new revenue range represents a 26.6% increase at the midpoint as compared to 2021 levels.
- Adjusted EBITDA in a range of $204 million to $211 million, up from the previous range of $193 million to $200 million.
- The new Adjusted EBITDA range represents a 40.0% increase at the midpoint as compared to 2021 levels.
- Company expects continued margin improvement.
Headwinds
- Macroeconomic concerns around inflation persist.
- Currency fluctuations may impact results.
- Labor availability remains a challenge.
- Supply chains are still a concern.
- High occupancy rates in the self-storage industry continue to support pricing power for customers that in turn is driving increasing levels of investment in both existing and new facilities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+2.0%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-4.0%
Avg return
30 days after
61%
14 / 23 earnings
Positive
+27.3%
Q3 2022
Best reaction
-29.4%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.8% | -5.7% | +3.5% | |
| Q4 2025 | -14.8% | -18.1% | -27.8% | |
| Q3 2025 | +0.8% | -5.0% | -38.3% | |
| Q1 2025 | +10.2% | +18.9% | +14.5% | |
| Q4 2024 | +13.0% | -2.6% | -10.9% | |
| Q3 2024 | -29.4% | -28.7% | -28.3% | |
| Q2 2024 | -20.9% | -22.9% | -21.6% | |
| Q1 2024 | +2.2% | +3.9% | -3.4% | |
| Q4 2023 | -4.0% | -2.3% | +1.2% | |
| Q3 2023 | -1.1% | -0.5% | +6.4% | |
| Q2 2023 | +11.8% | +15.1% | -1.8% | |
| Q1 2023 | -3.7% | -7.0% | -0.4% | |
| Q4 2022 | +3.2% | +6.2% | -7.3% | |
| Q3 2022 | +27.3% | +26.3% | +24.3% | |
| Q2 2022 | +0.4% | -2.8% | -10.9% | |
| Q1 2021 | +16.8% | +17.8% | +3.0% | |
| Q1 2022 | +16.8% | +17.8% | +3.0% | |
| Q4 2021 | +7.0% | +12.9% | +5.6% | |
| Q3 2021 | -15.6% | -8.4% | -12.6% | |
| Q3 2020 | -15.6% | -8.4% | -12.6% | |
| Q4 2020 | +14.9% | +11.6% | +7.7% | |
| Q2 2021 | +14.9% | +11.6% | +7.7% | |
| Q2 2020 | +14.9% | +11.6% | +7.7% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro