FX.co ★ Janus Henderson Group Plc Q1 Profit Increases, beats estimates

Janus Henderson Group Plc (JHG) reported an increase in earnings for its first quarter, exceeding analysts' estimates. Last year's first quarter saw the bottom line at $85 million, or $0.53 a share, whereas this year the bottom line reached $127.1 million, equating to $0.81 per share.

When adjusted for special considerations, Janus Henderson Group Plc disclosed adjusted earnings of $111.8 million or $0.71 a share for the same period. The average predicted earnings per share by analysts, as compiled by Thomson Reuters, was $0.62. Typically, these predictions exclude special items.

The company's revenue for the quarter rose 11.3% from last year, standing at $551.7 million up from $495.8 million.

Looking at the earnings of Janus Henderson Group Plc in detail (GAAP), the first quarter earnings reached $127.1 million, up from $85 million the previous year. The earnings per share (EPS) of the first quarter was $0.81 compared to last year's $0.53. The company's revenue was $551.7 million, up from $495.8 million last year.