Janus Capital Group Reports 13% Decline In Q2 Earnings

(RTTNews) - Janus Capital Group (JNS) revealed earnings for second quarter that decreased from last year.

The company said its bottom line totaled $37.5 million, or $0.21 per share. This was down from $43.1 million, or $0.23 per share, in last year's second quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.4% to $251.9 million. This was down from $271.9 million last year.

Janus Capital Group earnings at a glance:

-Earnings (Q2): $37.5 Mln. vs. $43.1 Mln. last year. -Earnings Decline (Y-o-Y): -13.0% -EPS (Q2): $0.21 vs. $0.23 last year. -EPS Decline (Y-o-Y): -8.7% -Analysts Estimate: $0.22 -Revenue (Q2): $251.9 Mln vs. $271.9 Mln last year. -Revenue Change (Y-o-Y): -7.4%