Joann Inc reports results for the quarter ended in January - Earnings Summary

Joann

17/03/2022 22:45

* Joann Inc  JOAN.OQ  reported quarterly adjusted earnings
of
$1.16​​ per share for the quarter ended in January. The mean
expectation of nine analysts for the quarter was for earnings of
$1.04 per share.
    * Revenue fell 12.5% to $735.30 million from a year ago; 
analysts
expected $749.89 million. 
    * Joann Inc's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Joann Inc shares had risen by 29.1% this quarter.
    * The company reported quarterly net income of $13.6
million.
    * Wall Street's median 12-month price target for Joann Inc
is
$12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated March 17 at 10:45 p.m.  ​All
figures in US dollars unless otherwise stated