After falling short of analyst expectations last quarter, Janus Capital Group (NYSE:JNS) will try to redeem itself when it reports again on Thursday.
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Analysts currently expect Janus Capital Group to come in with earnings of 14 cents per share on revenues of $220.7 million. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 17 cents.
The stock price recently went on a hot streak as it rose 95 cents per share between June 1, 2012 and June 19, 2012 It finished at $7.85. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell 50 cents (-6.5%), from $7.72 to $7.22.
Company Fundamental Trends
Analysts think investors should stand pat on Janus Capital Group with eight of 12 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 40.4% to $22.6 million (12 cents a share) from $37.9 million (21 cents a share) the year earlier, missing analyst expectations. Revenue fell 15.5% to $217.2 million from $257 million.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 14 cents
Revenue Estimate: $220.7 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)