Joann Earnings Estimate

JOAN
 Stock
  

USD 8.59  0.59  7.38%   

Many public companies, such as Joann, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Joann's earnings estimates, investors can diagnose different trends across Joann's analyst sentiment over time as well as compare current estimates against different timeframes.
Joann is projected to generate 1.68 in earnings per share on the 31st of December 2022. Joann earnings estimates module stress-tests analyst consensus about projected Joann Inc EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please see Risk vs Return Analysis.
  
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Gross Profit is expected to rise to about 1.4 B this year. Profit Margin is expected to rise to 0.05 this year

Joann Earnings Estimation Breakdown

Calculation of earning per share of Joann Inc is based on official Zacks consensus of 1 analysts regarding Joann future annual earnings. Given the historical accuracy of 59.72%, the future earnings per share of Joann is estimated to be 1.68 with the lowest and highest values of 1.68 and 1.68, respectively. Please note that this consensus of annual earnings estimates for Joann Inc is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.0
1.68
Lowest
Expected EPS 1.68
1.68
Highest

Joann Earnings Projection Consensus

Suppose the current estimates of Joann's value are higher than the current market price of the Joann stock. In this case, investors may conclude that Joann is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Joann's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

1

59.72%

2.0

1.68

Joann Earnings History

Earnings estimate consensus by Joann Inc analysts from Wall Street is used by the market to judge Joann's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Joann's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Joann Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

22 Million

Share
Joann Earning Before Interest and Taxes EBIT is quite stable at the moment as compared to the past year. The company's current value of Earning Before Interest and Taxes EBIT is estimated at 226.42 Million. Earnings per Basic Share is expected to rise to 3.93 this year, although the value of Accumulated Retained Earnings Deficit will most likely fall to (49.4 M). Issuance Purchase of Equity Shares is expected to rise to about 72.8 M this year, although the value of Weighted Average Shares will most likely fall to about 39.8 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Joann's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Joann in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.078.5013.93
Details
Intrinsic
Valuation
LowReal ValueHigh
4.489.9115.34
Details
Naive
Forecast
LowNext ValueHigh
2.598.0213.45
Details
8 Analysts
Consensus
LowTarget PriceHigh
10.0014.5724.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Joann. Your research has to be compared to or analyzed against Joann's peers to derive any actionable benefits. When done correctly, Joann's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Joann Inc.
Note that many institutional investors and large investment bankers can move markets due to the volume of Joann assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Joann. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Joann stock price in the short term.

Joann Earnings per Share Projection vs Actual

Actual Earning per Share of Joann refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Joann Inc predict the company's earnings will be in the future. The higher the earnings per share of Joann, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Joann Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Joann, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Joann should always be considered in relation to other companies to make a more educated investment decision.

Joann Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Joann's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-06-02
2022-04-300.1-0.22-0.32320 
2022-03-17
2022-01-311.031.160.1312 
2021-12-02
2021-10-310.61630.730.113718 
2021-09-02
2021-07-31-0.1344-0.2-0.065648 
2021-06-03
2021-04-300.18570.460.2743147 
2021-04-01
2021-01-31None0.9452None
2021-01-30
2020-10-3101.05431.0543
2020-02-01
2020-01-310-10.263-10.263

About Joann Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Joann earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Joann estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Joann fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-24.9 M-49.4 M
Earning Before Interest and Taxes EBIT120.9 M226.4 M
Earnings per Basic Share 1.39  3.93 
Earnings per Diluted Share 1.35  3.83 
Price to Earnings Ratio 6.50  6.46 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA363.6 M476.5 M
Earnings before Tax69.7 M163.2 M
JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. Joann operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 5060 people.

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Please see Risk vs Return Analysis. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Joann's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Joann. If investors know Joann will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Joann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.69
Market Capitalization
349.3 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
0.0078
Return On Equity
0.052
The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Joann's market value can be influenced by many factors that don't directly affect Joann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine Joann value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.