earnings
confidence high
sentiment negative
materiality 0.75
Janus Henderson Q2 AUM falls 17% to $299.7B; net outflows $7.8B, adjusted EPS $0.63
JANUS HENDERSON GROUP PLC
2022-Q2 EPS reported
$1.03
revenue$1,175,500,000
- Net outflows of $7.8B in Q2 2022, driven by slowdown in intermediary sales and underperformance in key strategies.
- Diluted GAAP EPS $0.56; adjusted diluted EPS $0.63, down from $0.75 in Q1 2022 and $1.16 in Q2 2021.
- Board declared quarterly dividend of $0.39 per share; $56M of share buybacks completed in Q2.
- AUM dropped to $299.7B from $361.0B at March 31, due to markets, FX, and net outflows.
- CEO Ali Dibadj states 'much work to do' to achieve consistent organic growth and attractive margins.