Janus Capital Earnings: Revenues and Profits Rise

S&P 500 (NYSE:SPY) component Janus Capital Group Inc. (NYSE:JNS) reported its results for the first quarter. Janus Capital Group, Inc. offers investment management, administration, distribution and related services to individual and institutional investors.

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Janus Capital Group Earnings Cheat Sheet for the First Quarter

Results: Net income for Janus Capital Group Inc. rose to $37.9 million (21 cents/share) vs. $31.3 million (17 cents/share) YoY. A rise of 21.1% from the year earlier quarter.

Revenue: Rose 7.1% to $265.4 million YoY.

Actual vs. Wall St. Expectations: JNS beat the mean analyst estimate of 20 cents/share. Estimates ranged from 16 cents per share to 22 cents per share.

Competitors to Watch: Waddell & Reed Financial, Inc. (NYSE:WDR), T. Rowe Price Group, Inc. (NASDAQ:TROW), U.S. Global Investors, Inc. (NASDAQ:GROW), Virtus Investment Partners, Inc. (NASDAQ:VRTS), Cohen & Steers, Inc. (NYSE:CNS), Franklin Resources, Inc. (NYSE:BEN), Federated Investors, Inc. (NYSE:FII), Calamos Asset Management, Inc (NASDAQ:CLMS), Invesco Ltd. (NYSE:IVZ), and Eaton Vance Corp. (NYSE:EV).

Today’s Performance: Shares of JNS are trading at $12.68, up 0.3% from the previous closing price of $12.64.

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