Here's what Wall Street expects from JOANN's earnings report

  • JOANN will be reporting earnings from the most recent quarter on June 5.
  • Wall Street analysts expect JOANN will release losses per share of $0.678.
  • Go here to watch JOANN stock price in real-time ahead of earnings.

JOANN releases earnings for Q1 on June 5.

6 analysts are forecasting losses of $0.678 per share as opposed to losses of $0.220 per share in the same quarter of the previous year.

Analysts are expecting the company to report $480.6 million, an decrease of 3.49% over the prior year quarter.

For the current fiscal year analysts expect a loss per share of $1.563, whereas in the previous year $-0.850 had been reported. On the revenue side analysts estimate that the company will bring in $2.18 billion in the current fiscal year.

This story was written by Markets Insider’s RoboEddy, which automatically writes these stories based on data provided by our partners.