Shares of Janus International Group (JBI) surged 14.14% in pre-market trading on Wednesday, following the company's fourth-quarter 2024 earnings report that exceeded Wall Street's expectations and provided an optimistic outlook for 2025.
The access control technology provider reported Q4 revenue of $230.8 million, surpassing the analyst consensus estimate of $185.2 million by a substantial 24.6%. Adjusted earnings per share of $0.05 also outpaced projections of $0.02.
For the full year 2025, Janus forecasts revenue in the range of $860 million to $890 million, topping the average analyst estimate of $849.8 million. The company also guided for adjusted EBITDA between $175 million and $195 million.
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