Janus Henderson reports Q1 EPS 79c, consensus 72c

Reports Q revenue $621.4M, consensus $614.9M. Ali Dibadj, CEO, stated: “Our first quarter results are solid, with year-over-year improvements in net flows, operating revenues, operating income, and EPS. The new buyback authorization and increase to our dividend reflect our excellent cash flow and our continued commitment to capital return. Our strong balance sheet continues to provide us the flexibility needed to return cash to shareholders and to reinvest in our business both organically and inorganically. We are further executing our strategic vision with the previously announced multifaceted, strategic partnership with Guardian, which we believe will amplify several areas of our business. Importantly, the agreement with Guardian demonstrates that we are a destination for the most sophisticated assets in the world, and we plan to continue identifying ways to meet our current and future clients’ needs and support the growth of Janus Henderson (JHG). As a global firm, the diversity of our AUM, clients, geographies, and investment capabilities forms a broad foundation that helps enable us to manage this uncertain environment effectively. We are focused on providing our clients-and their clients-with our differentiated insights, disciplined investments, and world-class service. Our efforts remain steadfast on what we can control, positioning Janus Henderson to deliver superior outcomes for our clients, employees, shareholders, and other stakeholders.”