Janus Capital Group Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Janus Capital Group Inc. (NYSE:JNS) will unveil its latest earnings on Thursday, July 21, 2011. Janus Capital Group, Inc. offers investment management, administration, distribution and related services to individual and institutional investors.

Janus Capital Group Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 23 cents per share, a rise of 35.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 22 cents. Between one and three months ago, the average estimate moved up, but has dropped from 24 cents during the last month. For the year, analysts are projecting profit of 91 cents per share, a rise of 19.7% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 24 cents per share against a mean estimate of profit of 20 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $267.2 million in revenue this quarter, a rise of 7.2% from the year ago quarter. Analysts are forecasting total revenue of $1.07 billion for the year, a rise of 4.9% from last year’s revenue of $1.02 billion.

Analyst Ratings:

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 21.1% while it rose 78.1% in the fourth quarter of the last fiscal year and more than threefold in the third quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 3.7% to $257 million in first quarter. The figure rose 17.9% in the fourth quarter of the last fiscal year from the year earlier, climbed 4.5% in the third quarter of the last fiscal year from the year-ago quarter and 25.9% in the second quarter of the last fiscal year.

Competitors to Watch: Waddell & Reed Financial, Inc. (NYSE:WDR), T. Rowe Price Group, Inc. (NASDAQ:TROW), Virtus Investment Partners, Inc. (NASDAQ:VRTS), U.S. Global Investors, Inc. (NASDAQ:GROW), 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).

Stock Price Performance: During April 19, 2011 to July 15, 2011, the stock price had fallen $3.27 (-26.9%) from $12.15 to $8.88. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 5, 2010 when shares rose for seven-straight days, rising 16.9% (+$1.76) over that span. It saw one of its worst periods between November 10, 2010 and November 17, 2010 when shares fell for six-straight days, falling 6.8% (-80 cents) over that span. Shares are down $4.04 (-31.3%) year to date.

(Source: Xignite Financials)

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