Janus Henderson Group Full Year 2024 Earnings: EPS Misses Expectations

Janus Henderson Group (NYSE:JHG) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.47b (up 18% from FY 2023).
• Net income: US$399.0m (up 4.8% from FY 2023).
• Profit margin: 16% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$2.57 (up from US$2.37 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Janus Henderson Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.

In the last 12 months, the only revenue segment was Investment Management Business contributing US$2.47b. The largest operating expense was Sales & Marketing costs, amounting to US$561.3m (47% of total expenses). Explore how JHG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are up 6.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Janus Henderson Group's balance sheet.

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