The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Janus Barely Misses Expectations Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 22, 2010

Janus Barely Misses Expectations

News summary by MFWire's editors

Janus swung from a first quarter loss last year to a first quarter gain, despite $2 billion in Q1 2010 net outflows. This morning the Denver-based mutual fund firm revealed earnings per diluted share for Q1 2010 of $0.17, up from a $5.22 per diluted share loss in Q1 2009 and down from a $0.20 per diluted share gain in Q4 2009. MarketWatch's Sam Mamudi reports that, according to a survey by FactSet Research, analysts expected Janus to earn $0.18 per share.

Janus suffered $2 billion in net Q1 2010 outflows, down from $6.2 billion in net outflows in Q1 2009 and up from $0.1 billion in net ouflows in Q4 2009. Yet positive market gains of $7.8 billion more than compensated for the outflows. Janus ended the first quarter with $165.5 billion in total assets. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use