Janus Capital Group Inc (JNS) reported quarterly earnings results on Tuesday, Jul-26-2016. The company reported $0.21 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.22. The company posted revenue of $251.90 million in the period, compared to analysts expectations of $254.73 million. The company’s revenue was down -7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Janus Capital Group Inc. Janus Capital Group Inc was Downgraded by Wells Fargo to ” Market Perform” on May 12, 2016.
Janus Capital Group Inc opened for trading at $14.79 and hit $14.89 on the upside on Wednesday, eventually ending the session at $14.78, with a gain of 0.34% or 0.05 points. The heightened volatility saw the trading volume jump to 11,35,873 shares. Company has a market cap of $2,729 M.
In a different news, on Jun 16, 2016, Jennifer J Mcpeek (EVP, Chief Financial Officer) sold 5,000 shares at $14.52 per share price. According to the SEC, on May 24, 2016, Brennan A. Hughes (SVP, Ch Acctg Ofcr, Treasurer) sold 16,461 shares at $14.54 per share price. On Feb 23, 2016, George S Batejan (EVP, Head of IT and Operations) sold 10,000 shares at $12.78 per share price, according to the Form-4 filing with the securities and exchange commission.
Janus Capital Group Inc. provides investment management administration distribution and related services to financial advisors individuals and institutional clients through mutual funds other pooled investment vehicles separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Company provides investment management solutions across a range of disciplines including fundamental United States and global equities (growth and value) mathematical equities fixed income and alternatives through its subsidiaries Janus Capital Management LLC (Janus) VelocityShares LLC INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins).