earnings
confidence high
sentiment positive
materiality 0.80
Janus Henderson Q1 AUM $352.6B, net outflows $3B, announces two acquisitions
JANUS HENDERSON GROUP PLC
2024-Q1 EPS reported
$0.81
revenue$551,700,000
- AUM $352.6B (+5% QoQ, +14% YoY); net outflows $3.0B in Q1 with Intermediary inflows offset by Institutional outflows.
- GAAP diluted EPS $0.81; adjusted diluted EPS $0.71; adjusted operating income $128.2M, down from Q4 $156.2M but up YoY.
- Announced acquisition of NBK Capital Partners (emerging markets private investments) and Tabula Investment Management (European ETF provider); financial terms not disclosed, expected Q2 close.
- Board declared $0.39 quarterly dividend and authorized up to $150M share repurchase; $145M returned to shareholders in Q1.