BUZZ-Janus International shares fall after lowering fiscal year revenue forecast

November 10 - ** Shares of Janus International (JBI.N), a supplier of automated access control and access management technology for commercial buildings, fell 11% in pre-market trading, to $4.23.

** According to data from London Stock Exchange Group (LSEG), the company's third-quarter revenue declined 2.8% year-on-year to $213.1 million, missing analysts' expectations of $235 million.

** The company also lowered its full-year revenue forecast.

** "Market conditions remained volatile in the third quarter and business activity levels were below expectations," said CEO Ramey Jackson.

** Of the five analysts covering the stock, three rate it as “buy” and two as “hold.” The median target price is $7.30 — LSEG compiled data.

** As of the previous trading day's close, the stock had fallen 27.2% year-to-date.

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