Janus Capital Q1 Results Down, Miss Estimates - Quick Facts

(RTTNews) - Janus Capital Group Inc. (JNS) reported Tuesday that its first-quarter net income declined to $35.1 million or $0.19 per share from last year's $44.6 million or $0.23 per share. On average, 11 analysts polled by Thomson Reuters expected earnings of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Operating income declined to $62.6 million from $76.0 million last year.

Revenues declined to $248.5 million from $262.7 million a year ago. Analysts were looking for revenues of $253.78 million.

Average assets under management during the first quarter 2016 were $180.2 billion, compared to $186.0 billion during the first quarter 2015.