earnings
confidence high
sentiment negative
materiality 0.80
Cohen & Co reports Q1 net loss $7.6M, adjusted pre-tax loss $18.6M; corrects prior release
Cohen & Co Inc.
2022-Q1 EPS reported
-$5.46
revenue$-682,000
- Net loss $7.6M ($5.46/diluted share) vs Q4 2021 net income $4.2M ($2.43/share).
- Adjusted pre-tax loss $18.6M ($3.35/diluted share) vs Q4 adj. pre-tax income $6.4M ($1.23/share).
- Total revenues negative $0.7M; principal transactions negative $18.4M on SPAC mark-to-market.
- Board declares $0.25/share quarterly dividend, payable June 3, 2022 to holders of record May 20.