Reports Q3 revenue $700.4M, consensus $696.04M. The company said, “We are pleased to report another strong quarter for Janus Henderson (JHG), reflecting our continued momentum across the business. This quarter marks our sixth consecutive quarter of positive net flows, with a 7% organic growth rate, reinforcing the strength of our global distribution network and the breadth of our investment offerings. Our assets under management reached a record high of US$483.8 billion, a 6% increase over the previous quarter and a 27% rise from a year ago”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JHG:
- Hold Rating Due to Concerns Over Janus Henderson Acquisition Proposal’s Commitment and Valuation
- Hold Rating for Janus Henderson Group Amidst Potential Buyout and Strategic Uncertainties
- Janus Henderson Receives Acquisition Proposal from Trian
- Midday Fly By: Novartis to buy Avidity, Keurig Dr Pepper beats expectations
- Janus Henderson jumps 15% to $48.05, ahead of Trian’s offer price