Janus Capital Group

Janus Living is issuing 16 million Class A-1 common shares at $29.00 per share, representing a discount to the closing price of $30.18. In addition, syndicate banks have a 30-day option to purchase up to 2.4 million additional shares at the same price. The proceeds are intended for acquisitions, investments consistent with REIT criteria and general corporate purposes; closing is expected on August 13, 2026. The announcement is seen as dilutive and significantly pressured the stock in premarket trading. » Más en de.investing.com

Janus Living has placed a public offering of 25 million common shares at $25.00 per share and granted the underwriters a 30-day option to purchase up to 3.75 million additional shares. The closing of the transaction is expected on Thursday, subject to customary conditions. The company intends to use the net proceeds for acquisitions, investments in accordance with its investment criteria, and general corporate purposes. » Más en de.investing.com

Janus reported Q1 revenue of $222.7m, beating the $219.2m estimate, but its adjusted diluted EPS of $0.01 missed the $0.08 forecast by a wide margin, sending the stock down about 11.4% in premarket trading. Adjusted EBITDA fell 14.1% to $33.0m and the net profit margin collapsed; management attributed the weakness to an unfavorable geographic and distribution-channel mix. Janus also strengthened its strategic position with the acquisition of Kiwi II and reported 477,000 Nokē units, while confirming full-year revenue guidance of $940–980m. Net debt rose to 2.7 times adjusted EBITDA, and analysts have partly cut earnings expectations, citing margin pressure as the main risk. » Más en de.investing.com