earnings
confidence high
sentiment positive
materiality 0.75
Cohen & Steers Q2 2021 EPS $0.95; AUM rises to $96.2B on $2.6B inflows
COHEN & STEERS, INC.
2021-Q2 EPS reported
$1.95
revenue$270,016,000
- GAAP diluted EPS $0.95, adjusted $0.94; revenue $144.3M, up 14.7% QoQ.
- Operating margin 41.4% GAAP, 43.4% adjusted; up from 41.3% and 42.3% in Q1.
- AUM $96.2B, +10.6% from Q1; net inflows $2.6B, market appreciation $7.4B.
- Open-end funds saw net inflows of $2.1B; institutional advisory $1.0B; closed-end $103M.
- Net income $46.6M vs $48.9M Q1 and $28.5M Q2 2020.