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Is Janus Henderson Group (JHG) Outperforming Other Finance Stocks This Year?
ZACKS· 2024-11-15 15:46
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Janus Henderson Group plc (JHG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Janus Henderson Group plc is a member of our Finance group, which ...
JHG vs. CG: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-11-01 16:45
Investors with an interest in Financial - Investment Management stocks have likely encountered both Janus Henderson Group plc (JHG) and Carlyle Group (CG) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our ...
Janus Henderson(JHG) - 2024 Q3 - Earnings Call Transcript
2024-10-31 19:07
Financial Data and Key Metrics - Assets under management (AUM) increased by 6% to $382.3 billion, a 24% increase compared to a year ago [6] - Net flows for the quarter were positive at $400 million, marking the third quarter of positive flows in the last seven quarters [7] - Adjusted diluted EPS increased by 42% to $0.91 compared to the same period a year ago, driven by market gains, net inflows, and operating leverage [8] - The company generated positive organic net new revenue in the third quarter, reflecting success across various strategies and regions [15] Business Line Data and Key Metrics - Investment performance remains solid, with at least two-thirds of AUM beating respective benchmarks over one-, three-, five-, and 10-year periods [6][31] - Equity flows were negative $1.5 billion, but gross sales improved by 39% year-over-year [40] - Fixed income net inflows were $2.2 billion, with fixed income ETFs contributing $2.4 billion in positive flows [41] - Alternatives capability saw net inflows of $100 million [43] Market Data and Key Metrics - The U.S. intermediary channel delivered positive net flows for the fifth consecutive quarter, with inflows in active ETFs, U.S. mid-cap growth, and multi-sector credit [36] - EMEA and Latin America intermediary segments saw positive net flows for the second consecutive quarter, while APAC intermediary net flows were the best in almost three years [38] - Institutional net outflows were $500 million, but the pipeline is showing signs of improvement [38] Company Strategy and Industry Competition - The company's strategic vision focuses on three pillars: Protect & Grow, Amplify, and Diversify [9] - Under Protect & Grow, the company is upskilling employees and utilizing data to drive market share improvement [10] - Under Amplify, the company launched its first active ETF in Europe and announced a partnership with Anemoy and Centrifuge for blockchain-based tokenized funds [11][12] - Under Diversify, the company expanded private market capabilities with acquisitions like NBK Capital Partners and Victory Park Capital [13][14] Management Commentary on Operating Environment and Future Outlook - Management highlighted the company's strong balance sheet and financial results, enabling investments in the business and returning cash to shareholders [9][22] - The company expects the Victory Park Capital acquisition to be neutral to accretive to EPS in 2025 [30] - Management remains optimistic about the company's ability to deliver consistent growth over the long term, supported by solid investment performance and strategic initiatives [62][63] Other Important Information - The company announced a partnership with the American Cancer Society, donating 50% of management fee revenue from its government money market fund to support cancer research [16][17] - The Board authorized an additional $50 million for share buybacks, bringing the total authorization to $200 million [22][60] - The company successfully issued $400 million in senior unsecured notes at a 5.45% coupon rate, with proceeds used to repay existing debt [56] Q&A Session Summary Question: Institutional Pipeline and Mandate Wins - The company is rebuilding its institutional pipeline, with increased RFP activity in the U.S., EMEA, and LatAm [66][69] - Areas of interest include hedge funds, small and mid-cap equities, enhanced index, and global fixed income [67] Question: ETF Sustainability and Competition - The company's active ETF suite has seen strong growth, with four ETFs exceeding $1 billion in AUM [74] - Management believes the ETF franchise will continue to grow, with plans to expand into Europe and other regions [77] Question: Performance Fees and Buyback Strategy - Performance fees are expected to improve in Q4, driven by U.S. mutual fund performance fees and hedge fund performance [93][95] - The company plans to continue returning capital to shareholders through dividends and buybacks, while also considering inorganic growth opportunities [98][100] Question: Insurance Channel and Private Credit - The company sees significant opportunities in the insurance channel, particularly with the addition of Victory Park Capital's asset-backed lending capabilities [103][108] - Victory Park Capital's expertise in legal finance and insurance services is expected to open new opportunities for the company [153] Question: Multi-Asset Flows and Integration of Acquisitions - The company is optimistic about the multi-asset segment, particularly the balance fund, due to strong performance and market conditions [127][129] - Acquisitions like Victory Park Capital will be integrated strategically, focusing on areas where the company can add value, such as distribution and compliance [134][137] Question: Distribution and Client Experience - The company has made significant changes to its distribution strategy, focusing on people, product, process, and incentives to drive growth [141][143] - Management aims to enhance client experience through deeper relationships and better support for investment needs [145][146] Question: Growth Drivers for Victory Park Capital - Victory Park Capital's growth will be driven by its asset-backed opportunistic credit funds, legal finance, insurance services, and structured financing solutions [152][154]
Compared to Estimates, Janus Henderson Group (JHG) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-31 14:36
Janus Henderson Group plc (JHG) reported $624.8 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 19.9%. EPS of $0.91 for the same period compares to $0.64 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $610.52 million, representing a surprise of +2.34%. The company delivered an EPS surprise of +13.75%, with the consensus EPS estimate being $0.80.While investors closely watch year-over-year changes in headline numbers -- revenue a ...
Janus Henderson Group plc (JHG) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2024-10-31 14:15
Have you been paying attention to shares of Janus Henderson Group plc (JHG) ? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $41.59 in the previous session. Janus Henderson Group plc has gained 36.6% since the start of the year compared to the 20.3% move for the Zacks Finance sector and the 30.5% return for the Zacks Financial - Investment Management industry.What's Driving the Outperformance?The stock has a great record of positive earnings surp ...
Janus Henderson Group plc (JHG) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-31 13:46
Janus Henderson Group plc (JHG) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.75%. A quarter ago, it was expected that this company would post earnings of $0.74 per share when it actually produced earnings of $0.85, delivering a surprise of 14.86%.Over the last four quarters, the ...
Janus Henderson(JHG) - 2024 Q3 - Quarterly Report
2024-10-31 11:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Commission File Number 001-38103 JANUS HENDERSON GROUP PLC (Exact name of registrant as specified in its charter) 201 Bishopsgate London, United ...
Janus Henderson(JHG) - 2024 Q3 - Quarterly Results
2024-10-31 11:30
[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) [Key Financial & Operational Highlights](index=1&type=section&id=Key%20Financial%20%26%20Operational%20Highlights) Janus Henderson Group plc reported solid Q3 2024 results, marked by strong investment performance, consecutive net inflows, and significant AUM growth, while also increasing capital returns to shareholders - Investment performance: **75% of assets under management (AUM) outperformed** relevant benchmarks on a one-year basis as of September 30, 2024[1](index=1&type=chunk) - Net inflows: **US$0.4 billion** in the third quarter 2024, marking consecutive quarters of net inflows[1](index=1&type=chunk) - AUM increased **6% quarter over quarter** and **24% year over year to US$382.3 billion** as of September 30, 2024[1](index=1&type=chunk) - Adjusted diluted EPS of **US$0.91**, an increase of **42% year over year**[1](index=1&type=chunk) - Returned **US$102 million** in capital to shareholders through dividends and share buybacks in third quarter 2024[1](index=1&type=chunk) - Board declared a quarterly dividend of **US$0.39 per share** and approved a **US$50 million increase** to the Company's existing common stock repurchase authorization[1](index=1&type=chunk) [CEO Statement](index=1&type=section&id=CEO%20Statement) CEO Ali Dibadj highlighted solid quarterly results driven by market gains, strong investment performance, positive net flows, and effective strategy execution, emphasizing the company's healthy balance sheet and cash flow generation for continued investment and shareholder returns - The results reflect market gains, solid investment performance, a second consecutive quarter of positive net flows, and productivity from all operating and support areas[3](index=3&type=chunk) - Teams have worked together to execute the strategy to Protect & Grow, Amplify, and Diversify the business, delivering growth across channels and regions[3](index=3&type=chunk) - A healthy balance sheet and strong cash flow generation provide flexibility to continue to invest in the business (organically and inorganically) and return cash to shareholders[3](index=3&type=chunk) [Financial Performance](index=2&type=section&id=Financial%20Performance) [Summary of GAAP & Adjusted Financial Results](index=2&type=section&id=Summary%20of%20Financial%20Results) The company reported Q3 2024 GAAP revenue of US$624.8 million and operating income of US$164.7 million, with adjusted figures showing revenue of US$488.1 million and operating income of US$170.5 million, and adjusted diluted EPS increasing significantly year-over-year Q3 2024 GAAP and Adjusted Financial Highlights (US$ millions, except per share data) | Metric | 30 Sep 2024 (GAAP) | 30 Sep 2024 (Adjusted) | 30 Jun 2024 (GAAP) | 30 Jun 2024 (Adjusted) | 30 Sep 2023 (GAAP) | 30 Sep 2023 (Adjusted) | |:-----------------------------|:-------------------|:-----------------------|:-------------------|:-----------------------|:-------------------|:-----------------------| | Revenue | 624.8 | 488.1 | 588.4 | 458.3 | 521.0 | 405.0 | | Operating expenses | 460.1 | 317.6 | 424.1 | 293.6 | 399.3 | 279.6 | | Operating income | 164.7 | 170.5 | 164.3 | 164.7 | 121.7 | 125.4 | | Operating margin | 26.4% | 34.9% | 27.9% | 35.9% | 23.4% | 31.0% | | Net income attributable to JHG | 27.3 | 144.7 | 129.7 | 135.2 | 93.5 | 106.7 | | Diluted earnings per share | 0.17 | 0.91 | 0.81 | 0.85 | 0.56 | 0.64 | - Q3 2024 diluted earnings per share of **US$0.17** was impacted by a **US$111.9 million** non-cash, non-operating, accounting expense release of accumulated foreign currency translation adjustments[2](index=2&type=chunk) [Share Repurchase and Dividend](index=2&type=section&id=Share%20Repurchase%20and%20Dividend) The Board declared a quarterly dividend of US$0.39 per share and increased the share repurchase authorization by US$50 million, bringing the total to US$200 million, with the company repurchasing US$40 million of common stock in Q3 2024 - A dividend of **US$0.39 per share** for the quarter ended September 30, 2024, was declared on October 30, 2024[6](index=6&type=chunk) - JHG purchased **1.1 million** of its common stock for approximately **US$40 million** in Q3 2024 as part of the **US$150 million** share repurchase program[7](index=7&type=chunk) - The Board approved a **US$50 million increase** to the existing share repurchase program, raising the total authorization to up to **US$200 million**[7](index=7&type=chunk) [Assets Under Management (AUM) and Flows](index=3&type=section&id=AUM%20AND%20FLOWS) [Total AUM and Flows](index=3&type=section&id=Total%20AUM%20and%20Flows) Janus Henderson's AUM grew to US$382.3 billion by September 30, 2024, driven by US$0.4 billion in net sales and US$19.4 billion from market/FX movements, along with US$1.1 billion from acquisitions Total Comparative AUM and Flows (in US$ billions) | Metric | 30 Sep 2024 | 30 Jun 2024 | 30 Sep 2023 | |:--------------------------|:------------|:------------|:------------| | Opening AUM | 361.4 | 352.6 | 322.1 | | Sales | 16.1 | 18.1 | 11.8 | | Redemptions | (15.7) | (16.4) | (14.4) | | Net sales / (redemptions) | 0.4 | 1.7 | (2.6) | | Market / FX | 19.4 | 7.1 | (11.2) | | Acquisitions | 1.1 | — | — | | Closing AUM | 382.3 | 361.4 | 308.3 | - Net sales were positive at **US$0.4 billion** in Q3 2024, following **US$1.7 billion** in Q2 2024, a significant improvement from net redemptions of **US$2.6 billion** in Q3 2023[10](index=10&type=chunk) [AUM and Flows by Capability](index=3&type=section&id=AUM%20and%20Flows%20by%20Capability) Equities remained the largest capability by AUM, while Fixed Income showed positive net sales in Q3 2024, and Alternatives also recorded positive net sales Q3 2024 AUM and Net Flows by Capability (in US$ billions) | Capability | AUM 30 Sep 2024 | Net sales / (redemptions) Q3 2024 | |:-------------|:----------------|:----------------------------------| | Equities | 237.1 | (1.5) | | Fixed Income | 81.3 | 2.2 | | Multi-Asset | 53.5 | (0.4) | | Alternatives | 10.4 | 0.1 | | Total | 382.3 | 0.4 | - Fixed Income had the highest net sales of **US$2.2 billion** in Q3 2024, while Equities experienced net redemptions of **US$1.5 billion**[11](index=11&type=chunk) [Average AUM by Capability](index=3&type=section&id=Average%20AUM%20by%20Capability) Average AUM across all capabilities increased in Q3 2024 compared to the previous quarter and year, with Equities and Fixed Income showing the most significant growth Average AUM by Capability (in US$ billions) | Capability | 30 Sep 2024 | 30 Jun 2024 | 30 Sep 2023 | |:-------------|:------------|:------------|:------------| | Equities | 229.6 | 220.8 | 196.9 | | Fixed Income | 78.5 | 71.7 | 66.1 | | Multi-Asset | 52.1 | 50.7 | 47.7 | | Alternatives | 9.7 | 8.9 | 9.4 | | Total | 369.9 | 352.1 | 320.1 | [Investment Performance](index=4&type=section&id=INVESTMENT%20PERFORMANCE) [AUM Outperformance vs. Benchmarks](index=4&type=section&id=AUM%20Outperformance%20vs.%20Benchmarks) Janus Henderson demonstrated strong investment performance, with a significant majority of AUM outperforming relevant benchmarks across all time horizons as of September 30, 2024 % of AUM Outperforming Benchmark (as of September 30, 2024) | Capability | 1-year | 3-year | 5-year | 10-year | |:-------------|:-------|:-------|:-------|:--------| | Equities | 63% | 61% | 54% | 80% | | Fixed Income | 98% | 81% | 89% | 93% | | Multi-Asset | 97% | 96% | 97% | 97% | | Alternatives | 84% | 94% | 100% | 100% | | Total | 75% | 71% | 67% | 85% | - Fixed Income, Multi-Asset, and Alternatives capabilities showed particularly strong outperformance, with **98%**, **97%**, and **84%** respectively outperforming benchmarks over a 1-year period[13](index=13&type=chunk) [Mutual Fund Performance (Morningstar Quartiles)](index=4&type=section&id=Mutual%20Fund%20Performance%20%28Morningstar%20Quartiles%29) A high percentage of Janus Henderson's mutual fund AUM ranked in the top two Morningstar quartiles across most capabilities and timeframes, indicating strong relative performance % of Mutual Fund AUM in Top 2 Morningstar Quartiles (as of September 30, 2024) | Capability | 1-year | 3-year | 5-year | 10-year | |:-------------|:-------|:-------|:-------|:--------| | Equities | 77% | 73% | 80% | 87% | | Fixed Income | 81% | 57% | 67% | 71% | | Multi-Asset | 96% | 95% | 95% | 96% | | Alternatives | 37% | 87% | 42% | 100% | | Total | 80% | 74% | 81% | 87% | - Overall, **80% of total mutual fund AUM** was in the top 2 Morningstar quartiles for the 1-year period, and **87%** for the 10-year period[15](index=15&type=chunk) [Company Overview & Investor Information](index=4&type=section&id=Company%20Overview%20%26%20Investor%20Information) [Q3 2024 Results Briefing Information](index=4&type=section&id=THIRD%20QUARTER%202024%20RESULTS%20BRIEFING%20INFORMATION) Details for the Q3 2024 results conference call and webcast, scheduled for October 31, 2024, are provided for investors and media - Chief Executive Officer Ali Dibadj and Chief Financial Officer Roger Thompson will present Q3 2024 results on a conference call and webcast[17](index=17&type=chunk) - The briefing is scheduled for **October 31, 2024, at 9:00 a.m. ET**[17](index=17&type=chunk) - Access to the webcast and accompanying slides will be available via the investor relations section of Janus Henderson's website (ir.janushenderson.com)[17](index=17&type=chunk) [About Janus Henderson](index=5&type=section&id=About%20Janus%20Henderson) Janus Henderson Group is a global active asset manager with approximately US$382 billion in AUM, over 2,000 employees, and a presence in 24 cities worldwide, focused on delivering superior financial outcomes for clients - Janus Henderson Group is a leading global active asset manager[18](index=18&type=chunk) - As of September 30, 2024, Janus Henderson had approximately **US$382 billion** in assets under management[18](index=18&type=chunk) - The firm has more than **2,000 employees** and offices in **24 cities worldwide**[18](index=18&type=chunk) [Investor & Media Contacts](index=5&type=section&id=Investor%20%26%20Media%20Contacts) Contact information for investor relations and media relations is provided for inquiries - Investor enquiries can be directed to Jim Kurtz, Head of Investor Relations, at **+1 303 336 4529** or jim.kurtz@janushenderson.com[19](index=19&type=chunk) - Media enquiries can be directed to Candice Sun, Global Head of Media Relations, at **+1 303 336 5452** or candice.sun@janushenderson.com, or Nicole Mullin, Media Relations Director, UK, EMEA, LatAm & APAC, at **+44 (0)20 7818 2511** or nicole.mullin@janushenderson.com[19](index=19&type=chunk) [Detailed Financial Statements](index=6&type=section&id=FINANCIAL%20DISCLOSURES) [Condensed Consolidated Statements of Comprehensive Income (GAAP)](index=6&type=section&id=Condensed%20consolidated%20statements%20of%20comprehensive%20income%20%28unaudited%29) The GAAP income statement shows total revenue of US$624.8 million and operating income of US$164.7 million for Q3 2024, with net income attributable to JHG at US$27.3 million, leading to a diluted EPS of US$0.17 Q3 2024 GAAP Condensed Consolidated Statements of Comprehensive Income Highlights (US$ millions) | Metric | 30 Sep 2024 | 30 Jun 2024 | 30 Sep 2023 | |:-------------------------------------------|:------------|:------------|:------------| | Total Revenue | 624.8 | 588.4 | 521.0 | | Operating Expenses | 460.1 | 424.1 | 399.3 | | Operating Income | 164.7 | 164.3 | 121.7 | | Net Income Attributable to JHG | 27.3 | 129.7 | 93.5 | | Diluted Earnings Per Share (US$) | 0.17 | 0.81 | 0.56 | - Performance fees significantly improved from a negative **US$15.8 million** in Q3 2023 to **US$8.6 million** in Q3 2024[20](index=20&type=chunk) [Reconciliation of Non-GAAP Financial Information](index=7&type=section&id=Reconciliation%20of%20non-GAAP%20financial%20information) This section provides a detailed reconciliation from GAAP to adjusted financial measures, highlighting specific adjustments made to revenue, operating expenses, net income, and diluted EPS, which management uses to evaluate ongoing operations Reconciliation of GAAP to Adjusted Financial Metrics (US$ millions, except EPS) | Metric | 30 Sep 2024 (GAAP) | Adjustments | 30 Sep 2024 (Adjusted) | |:--------------------------------------------|:-------------------|:------------|:-----------------------| | Revenue | 624.8 | (136.7) | 488.1 | | Operating Expenses | 460.1 | (142.5) | 317.6 | | Operating Income | 164.7 | 5.8 | 170.5 | | Net Income Attributable to JHG | 27.3 | 117.4 | 144.7 | | Diluted Earnings Per Share (US$) | 0.17 | 0.74 | 0.91 | - Adjustments to revenue primarily include the deduction of distribution and servicing fees, reflecting their pass-through nature[23](index=23&type=chunk) - Operating expense adjustments include acquisition-related expenses and accelerated long-term incentive plan expenses, which management believes are not representative of ongoing operations[24](index=24&type=chunk) - Adjustments to other non-operating income primarily consist of the release of accumulated foreign currency translation adjustments related to liquidated entities[26](index=26&type=chunk) [Condensed Consolidated Balance Sheets (GAAP)](index=8&type=section&id=Condensed%20consolidated%20balance%20sheets%20%28unaudited%29) The balance sheet shows total assets increased to US$7,263.8 million as of September 30, 2024, from US$6,496.6 million at December 31, 2023, primarily driven by increases in cash and cash equivalents, intangible assets and goodwill, and assets of consolidated variable interest entities Condensed Consolidated Balance Sheet Highlights (US$ millions) | Metric | 30 Sep 2024 | 31 Dec 2023 | |:------------------------------------------|:------------|:------------| | Cash and cash equivalents | 1,483.8 | 1,152.4 | | Investments | 305.0 | 334.2 | | Property, equipment and software, net | 38.8 | 44.2 | | Intangible assets and goodwill, net | 3,799.8 | 3,721.6 | | Assets of consolidated variable interest entities | 749.0 | 405.9 | | Other assets | 887.4 | 838.3 | | Total Assets | 7,263.8 | 6,496.6 | | Long-term debt | 698.6 | 304.6 | | Deferred tax liabilities, net | 576.3 | 570.8 | | Liabilities of consolidated variable interest entities | 7.2 | 3.2 | | Other liabilities | 855.0 | 762.5 | | Redeemable noncontrolling interests | 493.5 | 317.2 | | Total equity | 4,633.2 | 4,538.3 | | Total liabilities, redeemable noncontrolling interests and equity | 7,263.8 | 6,496.6 | - Long-term debt increased significantly from **US$304.6 million** at year-end 2023 to **US$698.6 million** by Q3 2024[29](index=29&type=chunk) [Condensed Consolidated Statements of Cash Flows (GAAP)](index=8&type=section&id=Condensed%20consolidated%20statements%20of%20cash%20flows%20%28unaudited%29) The cash flow statement indicates strong cash provided by operating activities at US$228.5 million for Q3 2024, with investing activities resulting in a net outflow of US$215.0 million, while financing activities provided US$424.6 million Condensed Consolidated Statements of Cash Flows Highlights (US$ millions) | Activity | 30 Sep 2024 | 30 Jun 2024 | 30 Sep 2023 | |:------------------------|:------------|:------------|:------------| | Operating activities | 228.5 | 223.8 | 216.9 | | Investing activities | (215.0) | (60.4) | 16.0 | | Financing activities | 424.6 | (50.9) | (91.5) | | Effect of exchange rate changes | 31.9 | — | (25.5) | | Net change during period | 470.0 | 112.5 | 115.9 | - The net change in cash during Q3 2024 was **US$470.0 million**, significantly higher than previous quarters, largely due to financing activities[30](index=30&type=chunk) [Notes & Disclaimers](index=9&type=section&id=Notes%20%26%20Disclaimers) [Basis of Preparation](index=9&type=section&id=Basis%20of%20preparation) The condensed consolidated financial statements are prepared in accordance with GAAP and SEC rules, with certain information condensed or omitted as permitted, and should be read in conjunction with the annual Form 10-K - The condensed consolidated financial statements are prepared in accordance with GAAP and instructions to Form 10-Q pursuant to SEC rules[32](index=32&type=chunk) - Certain information and footnote disclosures normally included in GAAP financial statements have been condensed or omitted[32](index=32&type=chunk) - The financial statements should be read in conjunction with Janus Henderson's Annual Report on Form 10-K for the year ended December 31, 2023[32](index=32&type=chunk) [Forward-Looking Statements Disclaimer](index=9&type=section&id=FORWARD-LOOKING%20STATEMENTS%20DISCLAIMER) The report contains forward-looking statements subject to known and unknown risks and uncertainties, which could cause actual results to differ materially, and readers are cautioned not to place undue reliance on these statements - Statements not based on historical facts are 'forward-looking statements' subject to known and unknown risks and uncertainties[34](index=34&type=chunk) - Readers should not place undue reliance on forward-looking statements, which speak only as of the date they are made and are not guarantees of future performance[34](index=34&type=chunk) - Various risks, uncertainties, assumptions, and factors that could cause future results to differ materially are discussed in the Annual Report on Form 10-K and other SEC filings[35](index=35&type=chunk)
Are Finance Stocks Lagging Janus Henderson Group (JHG) This Year?
ZACKS· 2024-10-30 14:40
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Janus Henderson Group plc (JHG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Janus Henderson Group plc is a member of the Finance sector. This group includes 871 individual stocks and currently holds a Zack ...
Janus Henderson Group plc (JHG) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-24 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Janus Henderson Group plc (JHG) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers ar ...