Janus Henderson Group plc (JHG) Reports Q3 Earnings: What Key Metrics Have to Say
Janus Henderson Group plc (JHG) reported $521 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 1.6%. EPS of $0.64 for the same period compares to $0.61 a year ago.
The reported revenue represents a surprise of +2.03% over the Zacks Consensus Estimate of $510.65 million. With the consensus EPS estimate being $0.54, the EPS surprise was +18.52%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Janus Henderson Group plc performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Management fees: $434.90 million compared to the $426.30 million average estimate based on two analysts. The reported number represents a change of +2% year over year.
Revenue- Other: $47 million versus $45.10 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.4% change.
Revenue- Performance fees: -$15.80 million versus -$14.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.7% change.
Revenue- Shareowner servicing fees and other: $54.90 million versus $53.51 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.7% change.
View all Key Company Metrics for Janus Henderson Group plc here>>>
Shares of Janus Henderson Group plc have returned -2.9% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Janus Henderson Group plc (JHG) : Free Stock Analysis Report
