Janus Henderson Group PLC JHG.N reported quarterly adjusted earnings of 90 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of eight analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 80 cents to 90 cents per share.
Revenue rose 7.6% to $633.20 million from a year ago; analysts expected $624.39 million.
Janus Henderson Group PLC's reported EPS for the quarter was 95 cents.
The company reported quarterly net income of $149.9 million.
Janus Henderson Group PLC shares had risen by 11.1% this quarter and gained 1.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"
Wall Street's median 12-month price target for Janus Henderson Group PLC is $42.00, about 2.7% below its last closing price of $43.15
This summary was machine generated from LSEG data July 31 at 01:54 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)