JNS Janus Capital Group Inc

Janus Capital Group to Announce First Quarter 2017 Results Thursday, April 20, 2017

Janus Capital Group Inc. (NYSE:JNS) will release its first quarter 2017 financial results before the market opens Thursday, April 20, 2017. The company will host a conference call and webcast that day at 10 a.m. ET to discuss its results. To participate in the conference call, please dial (888) 397-5338 in the U.S. and Canada or (719) 325-2145 internationally. The webcast as well as the slides used during the presentation can be accessed via the investor relations section of Janus Capital Group’s website (http://ir.janus.com). Access to the webcast replay will be available for a period of at least seven days following the call.

About Janus Capital Group Inc.

Janus Capital Group Inc. (JCG) is a global investment firm dedicated to delivering better outcomes for clients through a broad range of investment solutions, including fixed income, equity, alternative and multi-asset class strategies. It does so through a number of distinct asset management platforms, including investment teams within Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH), Perkins Investment Management LLC (Perkins) and Kapstream Capital Pty Limited (Kapstream), in addition to a suite of exchange-traded products. Each team brings distinct asset class expertise, perspective, style-specific experience and a disciplined approach to risk. Investment strategies are offered through open-end funds domiciled in both the U.S. and offshore, as well as through separately managed accounts, collective investment trusts and exchange-traded products. Based in Denver, JCG has offices located in 12 countries throughout North America, Europe, Asia and Australia. The firm had complex-wide assets under management and Exchange Traded Note assets totaling $196.8 billion as of December 31, 2016.

EN
07/04/2017

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Reports on Janus Capital Group Inc

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus Goes into Merger with Henderson in Much Weaker Position; No Chan...

There was little in narrow moat-rated Janus Capital Group's first-quarter results that would alter our view of the firm. We are leaving our $14 per share fair value estimate, which is based on the purchase price ascribed to the "merger of equals" between Janus and the Henderson Group, in place. Management continues to expect the deal to close at the end of May. Janus closed out the March quarter with $204.7 billion in total AUM, up 4.0% sequentially and 7.0% on a year-over-year basis. The firm's...

 PRESS RELEASE

Janus Capital Group Inc. Announces First Quarter 2017 Results

DENVER--(BUSINESS WIRE)-- Janus Capital Group Inc. (“JCG”) (NYSE: JNS) today reported first quarter 2017 net income of $30.9 million, or $0.17 per diluted share, compared with fourth quarter 2016 net income of $30.9 million, or $0.17 per diluted share, and net income of $35.1 million, or $0.19 per diluted share in the first quarter 2016. First quarter 2017 net income adjusted for merger-related costs was $43.8 million, or $0.23 per diluted share. Fourth quarter 2016 net income adjusted for merger-related costs was $37.2 milli...

 PRESS RELEASE

Janus Capital Group to Announce First Quarter 2017 Results Thursday, A...

DENVER--(BUSINESS WIRE)-- Janus Capital Group Inc. (NYSE:JNS) will release its first quarter 2017 financial results before the market opens Thursday, April 20, 2017. The company will host a conference call and webcast that day at 10 a.m. ET to discuss its results. To participate in the conference call, please dial (888) 397-5338 in the U.S. and Canada or (719) 325-2145 internationally. The webcast as well as the slides used during the presentation can be accessed via the investor relations section of Janus Capital Group’s website (htt...

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus' merger with Henderson Group makes sense strategically but doesn...

In a widely anticipated move, the Federal Reserve raised its target for the federal funds rate by 25 basis points to 0.50%-0.75%. As we noted ahead of the Federal Open Market Committee meeting, however, inflation is still below the committee’s 2% goal and business fixed investment remains below desired levels. We believe these data points support our view that low real interest rates are needed to ensure full utilization of labor and capital for some time. We incorporate a federal funds rate...

Greggory Warren ... (+2)
  • Greggory Warren
  • CFA

Janus Posts Weaker-Than-Expected 4Q Results; Henderson Merger on Track...

There was little in narrow-moat-rated Janus Capital Group's fourth-quarter results that would alter our view of the firm. That said, we are lowering our fair value estimate, which is based on the purchase price ascribed to the "merger of equals" between Janus and the Henderson Group, to $14 per share based on changes in the value of the British pound and Henderson's shares since the deal was announced. Management continues to project a second quarter of 2017 (likely end of May) close for the mer...

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