Janus Capital Group Announces 18% Advance In Q1 Bottom Line

(RTTNews) - Janus Capital Group (JNS) reported a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line came in at $42.1 million, or $0.23 per share. This was higher than $35.7 million, or $0.20 per share, in last year's first quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.7% to $257.6 million. This was up from $248.5 million last year.

Janus Capital Group earnings at a glance:

-Earnings (Q1): $42.1 Mln. vs. $35.7 Mln. last year. -Earnings Growth (Y-o-Y): 17.9% -EPS (Q1): $0.23 vs. $0.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.21 -Revenue (Q1): $257.6 Mln vs. $248.5 Mln last year. -Revenue Change (Y-o-Y): 3.7%