NYSE$JHG

Janus Henderson Group plc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Janus Henderson Group's Q3 2023 results were published, demonstrating solid investment performance amidst geopolitical conflicts and economic uncertainties.

Janus Henderson Group reported solid Q3 2023 results with strong investment performance. The company surpassed its original 'Fuel for Growth' savings target and delivered US$50 million in efficiencies ahead of schedule. A new share repurchase authorization of up to US$150 million was approved, reflecting strong cash flow generation and commitment to returning capital to shareholders. AUM decreased 4% compared to the second quarter 2023 to US$308.3 billion.

  • 65%, 58%, 67%, and 72% of AUM outperformed relevant benchmarks on a one-, three-, five-, and 10-year basis, respectively, as of September 30, 2023.
  • AUM decreased 4% compared to the second quarter 2023 to US$308.3 billion.
  • Net outflows were US$(2.6) billion in Q3 2023, compared to US$(5.8) billion in Q3 2022.
  • The board declared a quarterly dividend of US$0.39 per share and approved a new share repurchase authorization of up to US$150 million.

Headline financials

Total Revenue

$521M

Previous: $513M+1.6%
EPS (adj)

$0.64

Previous: $0.61+4.9%
Capital Expenditures

-$8.4M

Previous: -$10.3M+18.4%
Free Cash Flow

$85.1M

Previous: $104M-18.4%
Net Income

$93.5M

Previous: $115M-18.4%
Operating Income

$122M

Previous: $121M+0.8%
Gross Profit

-$25.3M

Previous: $370M-106.8%
Cash & Equivalents

$1.12B

Previous: $1.02B+9.6%
Total Assets

$6.3B

Previous: $6.12B+2.9%
Stock-Based Comp

$16.9M

Previous: $22.2M-23.9%

Revenue & EPS history

Janus Henderson · Revenue · Quarterly

$521M

Q3 2023+1.6%vs Q3 2022
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Janus Henderson did not provide forward guidance in the Q3 2023 earnings report.

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 2023

Historical avgQ3 2023

+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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