Janus Henderson reports Q2 adjusted EPS 90c, consensus 83c

Reports Q2 revenue $633.2M, consensus $618.09M. The company said, “Our second quarter results were solid, despite market volatility to begin the quarter, with year-over-year increases in net flows, revenue, operating income, and EPS. Our world-class investment team continued to deliver solid investment performance. Importantly, net flows were positive US$46.7 billion this quarter, marking our fifth consecutive quarter of positive net flows. Delivering positive active flows is a key differentiator for Janus Henderson (JHG) in an industry with well-documented active flow headwinds, and the positive net flow result demonstrates our truly diverse global distribution footprint and the broad range of strategies and vehicles we offer. Our financial performance and strong balance sheet allow us to continue returning cash to shareholders through dividends and share buybacks, while reinvesting in the business both organically and inorganically for future growth.”