NYSE$JHG

Janus Henderson Group plc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Janus Henderson reported solid investment performance and AUM growth.

Janus Henderson Group plc reported its second quarter 2024 results, showing solid investment performance with a significant portion of AUM outperforming benchmarks. AUM increased both quarter-over-quarter and year-over-year. The company highlighted a substantial year-over-year increase in adjusted diluted EPS and an improvement in adjusted operating margin, reflecting robust operating leverage.

  • AUM increased 3% quarter over quarter and 12% year over year, reaching US$361.4 billion as of June 30, 2024.
  • Operating income for the second quarter 2024 was US$164.3 million, compared to US$117.9 million in the second quarter 2023.
  • Adjusted diluted earnings per share increased by 37% year-over-year.
  • The Board declared a second quarter dividend of US$0.39 per share.

Headline financials

Total Revenue

$588M

Previous: $517M+13.9%
EPS

$0.81

Previous: $0.62+30.6%
Assets under management

$361B

Previous: $322B+12.2%
Net flows

$1.7B

No prior period
Capital Expenditures

-$3.7M

Previous: -$6.5M+43.1%
Free Cash Flow

$126M

Previous: $83.3M+51.3%
Net Income

$130M

Previous: $89.8M+44.4%
Operating Income

$164M

Previous: $118M+39.4%
Cash & Equivalents

$1.01B

Previous: $997M+1.7%
Total Assets

$6.41B

Previous: $6.39B+0.4%
Stock-Based Comp

$15.7M

Previous: $21.3M-26.3%

Revenue & EPS history

Janus Henderson · Revenue · Quarterly

$588M

Q2 2024+13.9%vs Q2 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.6%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+0.5%

Avg return

30 days after

53%

31 / 58 earnings

Positive

+10.4%

Q4 2022

Best reaction

-13.4%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%+0.0%+0.2%
Q4 2025+0.4%+0.5%+8.7%
Q3 2025-2.8%-2.1%-1.2%
Q1 2025+4.4%+5.5%+9.4%
Q4 2024+2.9%+5.2%-3.3%
Q3 2024+1.2%+2.5%+10.0%
Q2 2024-3.6%-8.1%+1.0%
Q1 2024+4.5%+6.0%+7.5%
Q4 2023+4.6%+5.5%+9.7%
Q3 2023+5.3%+9.4%+14.1%
Q2 2023-6.2%-7.5%-6.4%
Q1 2023-0.0%+3.6%+5.7%
Q4 2022+10.4%+10.3%+3.8%
Q3 2022+0.8%+1.6%+12.9%
Q2 2022+5.6%+10.8%+1.4%
Q1 2022-6.6%-10.7%-8.5%
Q4 2021-3.8%-4.7%-20.6%
Q3 2021-0.2%+5.9%-0.3%
Q2 2021+6.5%+4.9%+11.4%
Q1 2021+1.6%+2.5%+13.3%
Q4 2020-4.6%-4.5%-7.9%
Q3 2020-3.0%+0.7%+16.8%
Q2 2020-4.9%-5.0%-4.6%
Q1 2020+9.2%+13.3%+34.2%
Q4 2019+4.3%+2.5%-24.2%
Q3 2019-2.7%+1.9%+6.9%
Q2 2019-13.4%-13.1%-13.8%
Q1 2019-10.3%-11.3%-19.1%
Q4 2018+2.3%+3.0%+7.0%
Q3 2018-2.1%-1.1%-4.8%
Q2 2018-6.8%-9.3%-11.9%
Q1 2018+7.1%+7.6%+1.0%
Q4 2015-1.3%-1.9%-6.2%
Q1 2016-1.3%-3.0%-7.5%
Q4 2016-1.3%-3.0%-7.5%
Q4 2017-2.2%-7.6%-6.0%
Q3 2016+5.1%+6.3%+4.3%
Q3 2017+2.2%+7.1%+4.5%
Q2 2016+5.0%+4.4%-2.6%
Q1 2017+5.0%+4.4%-2.6%
Q2 2017+5.0%+4.4%-2.6%
Q3 2015+4.7%
Q2 2015+1.1%
Q1 2015-0.2%
Q4 2014-1.4%
Q3 2014-2.4%
Q2 2014-0.6%
Q1 2014+3.5%
Q4 2013-2.3%
Q2 2013+0.4%
Q1 2013-2.0%
Q4 2012+6.7%
Q3 2012-0.1%
Q2 2012+0.6%
Q4 2011+4.9%
Q2 2011+2.9%
Q4 2010+3.8%
Q2 2010+0.0%

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