Janus Henderson Group Q2 EPS $0.62 Beats $0.58 Estimate, Sales $516.50M Miss $521.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Janus Henderson Group (NYSE:JHG) reported Q2 earnings of $0.62 per share, beating the analyst consensus estimate of $0.58 by 6.9%. However, the company's quarterly sales of $516.50 million missed the analyst consensus estimate of $521.61 million by 0.98%. This represents a 1.59% decrease in earnings and a 7.02% decrease in sales compared to the same period last year.
August 04, 2023 | 10:43 am
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Janus Henderson Group's Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
While the company beat earnings estimates, which is generally positive for the stock, it missed on sales, which is generally negative. The mixed results could lead to uncertainty and volatility in the stock's price in the short term.
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