Janus Capital Profit Rises On Back Of Higher AUM

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Mani
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Janus Capital Group Inc (NYSE:JNS), a global investment management firm, announced its fourth quarter results today and reported higher fourth quarter profit. Janus Capital’s results beat estimates Janus Capital reported fourth-quarter net income attributable to the company of $38.3 million or $0.21 per share, higher than $31.2 million or $0.17 per share in the previous year.  13 analysts polled by Thomson Reuters, on average, anticipated the company to earn $0.19 per share for the quarter. The investment management firm’s revenues too increased to $226.2 million from $216.6 million a year ago. This is against analysts estimates of $225.22 million for…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports