Sneak Preview of Janus Henderson Group plc ($JHG) 3Q20 Earnings

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Janus Henderson Group plc (NYSE:JHG) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.64 per share.

For the full year, analysts predict revenues of $ 2156.67 million, while looking forward to income of $ 2.53 per share.

Previous Quarter Performance

Janus Henderson Group plc revealed income for the second quarter of $ 0.67 per share, from the revenue of $ 518.00 million. The quarterly earnings gained 9.84 percent while revenues reduced 3.34 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.52 per share from $ 494.15 million in revenue. The bottom line results beat street analysts by $ 0.15 or 28.85 percent, at the same time, top line results outshined analysts by $ 23.85 million or 4.83 percent.

Stock Performance

Shares of Janus Henderson Group plc traded low $ -0.84 or -3.25 percent on Wednesday, reaching $ 25.04 with volume of 1.40 million shares. Janus Henderson Group plc has traded high as $ 25.45 and has cracked $ 24.96 on the downward trend

According to the previous trading day, closing price of $ 25.04, representing a 119.14 % increase from the 52 week low of $ 11.81 and a 9.98 % decrease over the 52 week high of $ 28.75.

The company has a market capital of $ 4.57 billion and is part of the Financial Services sector and Asset Management industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.36 per share on July 29, 2020. The dividend were payable on August 26, 2020 to holders of record as of the close of business on August 10, 2020 and ex-dividend date on August 7, 2020.

Conference Call

Janus Henderson Group plc will be hosting a conference call at 8:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.janushenderson.com

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios.