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JOANQ Joann News Story

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

* Joann Inc  JOAN.OQ  reported a quarterly adjusted loss of 20
cents​​ per share for the quarter ended in July. The mean
expectation of nine analysts for the quarter was for a loss
of 13 cents per share.
* Revenue was $496.90 million​;  analysts expected $533.24
million. 
* Joann Inc's reported EPS for the quarter was 12 cents​.
* The mean earnings estimate of analysts had risen by about 6.3%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Joann Inc shares had fallen by 15.7% this quarter.
* The company reported quarterly net income of $5.2 million.
* Wall Street's median 12-month price target for Joann Inc is
$18.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated September 2 at 08:29 p.m.
 ​All figures in US dollars unless otherwise stated

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