Unlocking Q3 Potential of Janus Henderson Group (JHG): Exploring Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Janus Henderson Group plc (JHG) will report quarterly earnings of $0.80 per share in its upcoming release, pointing to a year-over-year increase of 25%. It is anticipated that revenues will amount to $605.78 million, exhibiting an increase of 16.3% compared to the year-ago quarter.
The current level reflects an upward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Janus Henderson Group metrics that are commonly monitored and projected by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenue- Management fees' should arrive at $495.50 million. The estimate indicates a change of +13.9% from the prior-year quarter.
The consensus estimate for 'Revenue- Other' stands at $49.35 million. The estimate indicates a year-over-year change of +5%.
The consensus among analysts is that 'Revenue- Shareowner servicing fees' will reach $60.41 million. The estimate points to a change of +10% from the year-ago quarter.
The average prediction of analysts places 'Assets under management - Equities' at $227.22 billion. The estimate compares to the year-ago value of $187.9 billion.
Analysts expect 'Assets under management - Multi-Asset' to come in at $51.84 billion. The estimate is in contrast to the year-ago figure of $45.9 billion.
The collective assessment of analysts points to an estimated 'Assets under management - Fixed Income' of $77.42 billion. The estimate is in contrast to the year-ago figure of $65.1 billion.
The combined assessment of analysts suggests that 'Assets under management - Average' will likely reach $372.02 billion. Compared to the present estimate, the company reported $320.1 billion in the same quarter last year.