Janus Henderson Q2 Profit Down, Adj. EPS Beats Estimates

(RTTNews) - Janus Henderson Group Plc (JHG), an active asset manager, reported Wednesday that its second-quarter net income attributable to the company dropped to $89.8 million from last year's $96.2 million.

Earnings per share were $0.54, lower than $0.57 last year.

Adjusted net income was $102.0 million or $0.62 per share, compared to $104.9 million or $0.63 per share a year ago.

On average, eight analysts polled by Thomson Reuters expected earnings of $0.56 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue declined to $516.5 million from $555.5 million last year. Adjusted revenue was $401.9 million, compared to $427.7 million last year.

The Street was looking for revenues of $518.88 million for the quarter.

On August 1, the Board declared a second quarter dividend of $0.39 per share. Shareholders on the register on the record date of August 14 will be paid the dividend on August 30.

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