Janus Capital Group Earnings: Here’s Why Investors are Selling Shares Now

Janus Capital Group Inc. (NYSE:JNS) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.26%.

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Janus Capital Group Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 25% to $0.15 in the quarter versus EPS of $0.12 in the year-earlier quarter.

Revenue: Decreased 1.38% to $214.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Janus Capital Group Inc. reported adjusted EPS income of $0.15 per share. By that measure, the company met the mean analyst estimate of $0.15. It beat the average revenue estimate of $213.83 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue decreased 4.03% from $223.2 million in the previous quarter. EPS decreased 11.76% from $0.17 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.14 to a profit $0.16. For the current year, the average estimate has moved up from a profit of $0.60 to a profit of $0.65 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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