Wells Fargo Maintains Equal-Weight on JOANN, Lowers Price Target to $4
Wells Fargo analyst Zachary Fadem maintains JOANN (NASDAQ:JOAN) with a Equal-Weight and lowers the price target from $5 to $4.
JOANN Q2 EPS $0.12 Beats $(0.60) Estimate, Sales $463.30M Beat $453.75M Estimate
JOANN (NASDAQ:JOAN) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $(0.60) by 120 percent. This is a 160 percent increase over losses of $(0.20) per share from the same period
Earnings Scheduled For September 1, 2022
Companies Reporting Before The Bell
• Hello Gr (NASDAQ:MOMO) is projected to report quarterly earnings at $0.25 per share on revenue of $445.33 million.
HP, Ambarella, Bed Bath & Beyond And Other Big Losers From Wednesday
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Gainers
Nuwellis, Inc. (NASDAQ: NUWE) shares jumped 140% to $1.5894 after the company announced new clinical data demonstrating 100% survival at 30 days following the use of ultrafiltration in high-risk postoperative coronary artery bypass grafting patients.
A Preview Of JOANN’s Earnings
JOANN (NASDAQ:JOAN) is set to give its latest quarterly earnings report on Thursday, 2022-09-01. Here's what investors need to know before the announcement.
Analysts estimate that JOANN will report an earnings per share (EPS) of $-0.60.
B of A Securities Downgrades JOANN to Underperform
B of A Securities analyst Elizabeth Suzuki downgrades JOANN (NASDAQ:JOAN) from Neutral to Underperform.
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Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.