Janus Living, Inc.JAN
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Raises 2026 FFO guidance and reports strong revenue/EBITDA growth
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Janus Living, Inc.Janus Living reported second-quarter revenue rose 45% year over year, adjusted EBITDA increased 34%, and adjusted FFO per share grew 40%, driven by organic growth and approximately $800 million of first-half acquisitions. The company raised its 2026 adjusted FFO guidance to $0.95–$0.98 per share and same-store adjusted NOI growth guidance to 13%–17%. Same-store NOI climbed 19.2%, with occupancy and margins improving, while Janus completed $1.8 billion of year-to-date acquisitions and expanded its operating-partner network from two to 10. As of Aug. 3, the company had $558 million in cash, no debt, and $1.2 billion of available liquidity.
Janus Living, Inc.Raises 2026 FFO guidance and reports strong revenue/EBITDA growth