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Mar 31, 2020
Janus Henderson Q1 2020 Earnings Report
Janus Henderson experienced a challenging quarter with a net loss, driven by market volatility and impairment charges, while adjusted operating income increased year-over-year.
Key Takeaways
Janus Henderson Group reported a net loss attributable to JHG of US$(247.0) million, or US$(1.35) per share, for the first quarter of 2020. However, adjusted operating income increased by 15% compared to the same period last year, reaching US$164.5 million. The company's AUM decreased by 21% compared to the prior quarter, reflecting the impact of COVID-19 and net outflows.
Operating income was US$(332.4) million, including US$487.3 million in impairment charges.
Adjusted operating income was up 15% year-over-year.
AUM decreased by 21% compared to the prior quarter, totaling US$294.4 billion.
The company completed US$31 million of share buybacks.
Forward Guidance
Janus Henderson intends to publish its second quarter 2020 results on 29 July 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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