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%.

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$1.58b (64% of total revenue). 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 2.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Janus Henderson Group's balance sheet and an in-depth analysis of the company's financial position.

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