For the quarter ended June 2024, Janus Henderson Group plc reported revenue of $588.4 million, up 13.9% over the same period last year. EPS came in at $0.85, compared to $0.62 in the year-ago quarter.
The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $578.96 million. With the consensus EPS estimate being $0.74, the EPS surprise was +14.86%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Janus Henderson Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Assets under management - Equities
: $226.2 billion versus the two-analyst average estimate of $226.98 billion. Assets under management - Fixed Income
: $74.5 billion versus the two-analyst average estimate of $72.74 billion. Assets under management - Average
: $352.1 billion compared to the $362.16 billion average estimate based on two analysts. Assets under management - Alternatives
: $9.2 billion compared to the $8.62 billion average estimate based on two analysts. Assets under management - Multi-Asset
: $51.5 billion versus the two-analyst average estimate of $51.65 billion. Revenue- Management fees
: $472.80 million compared to the $474.91 million average estimate based on three analysts. The reported number represents a change of +11.6% year over year. Revenue- Performance fees
: $7.40 million compared to the $0.49 million average estimate based on three analysts. The reported number represents a change of -225.4% year over year. Revenue- Shareowner servicing fees
: $58.50 million versus the two-analyst average estimate of $59.48 million. The reported number represents a year-over-year change of +9.8%. Revenue- Other
: $49.70 million versus the two-analyst average estimate of $48.70 million. The reported number represents a year-over-year change of +9%.
View all Key Company Metrics for Janus Henderson Group here>>>Shares of Janus Henderson Group have returned +7.9% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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Janus Henderson Group (JHG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2024, Janus Henderson Group plc reported revenue of $588.4 million, up 13.9% over the same period last year. EPS came in at $0.85, compared to $0.62 in the year-ago quarter.
The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $578.96 million. With the consensus EPS estimate being $0.74, the EPS surprise was +14.86%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Janus Henderson Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Janus Henderson Group here>>>Assets under management - Equities
: $226.2 billion versus the two-analyst average estimate of $226.98 billion.Assets under management - Fixed Income
: $74.5 billion versus the two-analyst average estimate of $72.74 billion.Assets under management - Average
: $352.1 billion compared to the $362.16 billion average estimate based on two analysts.Assets under management - Alternatives
: $9.2 billion compared to the $8.62 billion average estimate based on two analysts.Assets under management - Multi-Asset
: $51.5 billion versus the two-analyst average estimate of $51.65 billion.Revenue- Management fees
: $472.80 million compared to the $474.91 million average estimate based on three analysts. The reported number represents a change of +11.6% year over year.Revenue- Performance fees
: $7.40 million compared to the $0.49 million average estimate based on three analysts. The reported number represents a change of -225.4% year over year.Revenue- Shareowner servicing fees
: $58.50 million versus the two-analyst average estimate of $59.48 million. The reported number represents a year-over-year change of +9.8%.Revenue- Other
: $49.70 million versus the two-analyst average estimate of $48.70 million. The reported number represents a year-over-year change of +9%.Shares of Janus Henderson Group have returned +7.9% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.