Janus Henderson reports Q3 adjusted EPS 64c, consensus 53c

Reports Q3 revenue $521M, consensus $511.83M. The company said, “I am pleased with our results this quarter, particularly amid geopolitical conflicts and economic uncertainties. Our performance remains solid, and we are seeing areas of strong market share gains, including in Fixed Income and U.S. Intermediary. Our financial results emphasize our cost discipline, as we have surpassed our original ‘Fuel for Growth’ savings and timing through delivering US$50 million in efficiencies a full year earlier than expected. The new buyback authorization reflects our strong cash flow generation and liquidity position and demonstrates our commitment to balancing organic and inorganic investment in the business and returning capital to shareholders. We will continue to look actively to buy, build, or partner to diversify where clients give us the right. Today’s results show we are making meaningful progress, and we continue to deliver positive outcomes for our shareholders and clients alike.”