Janus Henderson Group Plc Q1 Profit Increases, beats estimates

Janus Henderson Group Plc (JHG) announced earnings for its first quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $127.1 million, or $0.81 per share. This compares with $85.00 million, or $0.53 per share, in last year's first quarter.

Excluding items, Janus Henderson Group Plc reported adjusted earnings of $111.8 million or $0.71 per share for the period.

Analysts on average had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.3% to $551.7 million from $495.8 million last year.

Janus Henderson Group Plc earnings at a glance (GAAP) :

-Earnings (Q1): $127.1 Mln. vs. $85.00 Mln. last year.
-EPS (Q1): $0.81 vs. $0.53 last year.
-Revenue (Q1): $551.7 Mln vs. $495.8 Mln last year.

by RTTNews Staff Writer

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