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Why Janus (JBI) Stock Is Trading Lower Today

What Happened? Shares of self-storage and building solutions company Janus (NYSE:JBI) fell 13.2% in the morning session after the company reported third-quarter financial results that missed analyst expectations for revenue and earnings and provided a disappointing full-year forecast. Revenue for the quarter came in at 219.3million,a4.7219.3 million, a 4.7% drop from the same period in the previous year and short of the 228.3 million analysts had predicted. The earnings miss was also significant, with adjusted earnings ...