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Sep 30, 2022

Janus Henderson Q3 2022 Earnings Report

Third quarter results published with solid long-term investment performance but AUM decreased due to market declines, US dollar appreciation and net outflows.

Key Takeaways

Janus Henderson Group's third quarter 2022 results showed solid long-term investment performance, with a majority of assets under management outperforming benchmarks. However, AUM decreased due to market declines, US dollar appreciation, and net outflows. The company is actioning cost efficiencies to drive growth.

Solid long-term investment performance, with a majority of AUM outperforming benchmarks.

AUM decreased 8% to US$274.6 billion compared to the prior quarter, due to market declines, US dollar appreciation, and net outflows.

Net outflows of US$(5.8) billion primarily reflect market uncertainty and investment underperformance in key strategies

Actioning US$40 million to US$45 million in gross run rate cost efficiencies expected to be realised by the end of 2023, which will be offset by investments in the business to drive growth

Total Revenue
$513M
Previous year: $687M
-25.4%
EPS
$0.61
Previous year: $1.16
-47.4%
Assets under management
$275B
Previous year: $419B
-34.5%
Gross Profit
$370M
Previous year: $521M
-28.9%
Cash and Equivalents
$1.02B
Previous year: $945M
+8.3%
Free Cash Flow
$219M
Previous year: $315M
-30.4%
Total Assets
$6.12B
Previous year: $6.7B
-8.6%

Janus Henderson

Janus Henderson

Janus Henderson Revenue by Segment

Forward Guidance

Janus Henderson intends to publish its fourth quarter and full-year 2022 results on 2 February 2023.

Revenue & Expenses

Visualization of income flow from segment revenue to net income