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Investors in Janus Henderson Group plc (NYSE:JHG) had a good week, as its shares rose 8.5% to close at US$35.63 following the release of its quarterly results. Janus Henderson Group reported in line with analyst predictions, delivering revenues of US$621m and statutory earnings per share of US$2.56, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
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Taking into account the latest results, Janus Henderson Group's seven analysts currently expect revenues in 2025 to be US$2.57b, approximately in line with the last 12 months. Per-share earnings are expected to shoot up 44% to US$3.57. Before this earnings report, the analysts had been forecasting revenues of US$2.53b and earnings per share (EPS) of US$3.64 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.
See our latest analysis for Janus Henderson Group
It might be a surprise to learn that the consensus price target was broadly unchanged at US$36.48, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Janus Henderson Group analyst has a price target of US$45.00 per share, while the most pessimistic values it at US$25.30. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's also worth noting that the years of declining revenue look to have come to an end, with the forecast stauing flat to the end of 2025. Historically, Janus Henderson Group's top line has shrunk approximately 1.0% annually over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 5.1% per year. So it's pretty clear that, although revenues are improving, Janus Henderson Group is still expected to grow slower than the industry.