Cohen & Steers Inc reports results for the quarter ended in March - Earnings Summary

Cohen & Steers

17/04/2024 22:54

* Cohen & Steers Inc  CNS.N  reported quarterly adjusted
earnings
of 70 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of 76 cents.  The mean expectation of two analysts for the
quarter was for earnings of 71 cents per share. Wall Street
expected results to range from 70 cents to 72 cents per share.
    * Revenue was $122.71 million​; analysts expected $125.01
million. 
    * Cohen & Steers Inc's reported EPS for the quarter was 68
cents​.
    * The company reported quarterly net income of $34 million.
    * Cohen & Steers Inc shares had fallen by 12.1% this
quarter and
lost 10.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Cohen &
Steers
Inc is $72.50 

This summary was machine generated from LSEG data April 17 at
09:54 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
 Mar. 31 2024      0.71           0.70           Missed
 Dec. 31 2023      0.64           0.67           Beat
 Sep. 30 2023      0.70           0.70           Met
 Jun. 30 2023      0.72           0.70           Missed