Cohen & Steers (CNS) Scheduled to Post Earnings on Wednesday
Cohen & Steers (NYSE:CNS) will release its Q313 earnings data on Wednesday, October 16th. Analysts expect Cohen & Steers to post earnings of $0.40 per share and revenue of $73.37 million for the quarter.
Cohen & Steers (NYSE:CNS) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.43 by $0.09. The company had revenue of $77.80 million for the quarter, compared to the consensus estimate of $76.24 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 15.4% on a year-over-year basis. On average, analysts expect Cohen & Steers to post $1.55 EPS for the current fiscal year and $1.92 EPS for the next fiscal year.
Cohen & Steers (NYSE:CNS) opened at 36.90 on Tuesday. Cohen & Steers has a 1-year low of $26.84 and a 1-year high of $44.44. The stock has a 50-day moving average of $34.17 and a 200-day moving average of $36.16. The company has a market cap of $1.632 billion and a P/E ratio of 26.36.
On a related note, analysts at Zacks downgraded shares of Cohen & Steers from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, October 9th. They now have a $31.10 price target on the stock.
Cohen & Steers, Inc (NYSE:CNS) is a global investment management firm focused on global real estate securities, global listed infrastructure, real assets, large cap value stocks, and preferred securities.
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