Cohen & Steers Inc reports results for the quarter ended December 31 - Earnings Summary

Cohen & Steers

22/01/2025 22:48

* Cohen & Steers Inc  CNS.N  reported quarterly adjusted
earnings
of 78 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 67 cents.  The mean expectation of two analysts
for the quarter was for earnings of 78 cents per share. Wall
Street expected results to range from 74 cents to 81 cents per
share.
    * Revenue rose 120.3% to $262.47 million from a year ago;
analysts
expected $137.00 million. 
    * Cohen & Steers Inc's reported EPS for the quarter was 89
cents​.
    * The company reported quarterly net income of $45.82
million.
    * Cohen & Steers Inc shares had fallen by 3.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is  "hold."

Wall Street's median 12-month price target for Cohen & Steers
Inc is $95.50 
This summary was machine generated from LSEG data January 22 at
10:48 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.78           0.78           Met
 Sep. 30 2024      0.78           0.77           Missed
 Jun. 30 2024      0.67           0.68           Beat
 Mar. 31 2024      0.71           0.70           Missed