NYSE$JHG

Janus Henderson Group plc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Third quarter results published with solid long-term investment performance but AUM decreased due to market declines, US dollar appreciation and net outflows.

Janus Henderson Group's third quarter 2022 results showed solid long-term investment performance, with a majority of assets under management outperforming benchmarks. However, AUM decreased due to market declines, US dollar appreciation, and net outflows. The company is actioning cost efficiencies to drive growth.

  • Solid long-term investment performance, with a majority of AUM outperforming benchmarks.
  • AUM decreased 8% to US$274.6 billion compared to the prior quarter, due to market declines, US dollar appreciation, and net outflows.
  • Net outflows of US$(5.8) billion primarily reflect market uncertainty and investment underperformance in key strategies
  • Actioning US$40 million to US$45 million in gross run rate cost efficiencies expected to be realised by the end of 2023, which will be offset by investments in the business to drive growth

Headline financials

Total Revenue

$513M

Previous: $687M-25.4%
EPS (adj)

$0.61

Previous: $1.16-47.4%
Assets under management

$275B

Previous: $419B-34.5%
Capital Expenditures

-$10.3M

Previous: -$5.9M-74.6%
Free Cash Flow

$104M

Previous: $194M-46.3%
Net Income

$115M

Previous: $200M-42.7%
Operating Income

$121M

Previous: $248M-51.4%
Gross Profit

$370M

Previous: $521M-28.9%
Cash & Equivalents

$1.02B

Previous: $945M+8.3%
Total Assets

$6.12B

Previous: $6.7B-8.6%
Stock-Based Comp

$22.2M

Previous: $16M+38.8%

Revenue & EPS history

Janus Henderson · Revenue · Quarterly

$513M

Q3 2022-25.4%vs Q3 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Janus Henderson intends to publish its fourth quarter and full-year 2022 results on 2 February 2023.

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 Q3 2022

Historical avgQ3 2022

+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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