Janus Capital Group, Inc. (JNS) Posts Q1 EPS of 16c

Janus Capital Group, Inc. (NYSE: JNS) reported Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $230.2 million versus the consensus estimate of $226.7 million.

Flows and Assets Under Management

Average assets under management during the first quarter 2014 were $173.0 billion compared with $170.3 billion during the fourth quarter 2013 and $161.8 billion during the first quarter 2013.

At March 31, 2014, JCG’s total assets under management were $174.1 billion compared with $173.9 billion at December 31, 2013 and $163.8 billion at March 31, 2013.

The increase in complex-wide assets during the first quarter 2014 reflects net market appreciation of $1.9 billion partially offset by long-term net outflows of $1.7 billion. Fundamental equity and mathematical equity long-term net outflows totaled $2.3 billion and $0.2 billion, respectively, while fixed income long-term net inflows totaled $0.8 billion.

For earnings history and earnings-related data on Janus Capital Group, Inc. (JNS) click here.

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