Cohen & Steers Inc reports results for the quarter ended June 30 - Earnings Summary

• Cohen & Steers Inc CNS.N reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of two analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 75 cents to 76 cents per share.

• Revenue rose 11.8% to $136.13 million from a year ago; analysts expected $136.39 million.

• Cohen & Steers Inc's reported EPS for the quarter was 72 cents​.

• The company reported quarterly net income of $36.85 million.

• Cohen & Steers Inc shares had risen by 0.8% this quarter and lost 17.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is "buy."

• Wall Street's median 12-month price target for Cohen & Steers Inc is $81.00, about 6.7% above its last closing price of $75.56

This summary was machine generated from LSEG data July 17 at 09:00 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)