Cohen & Steers Q2 GAAP EPS $1.06, AUM falls 14% to $87.9B on $717M outflows

COHEN & STEERS, INC.

2022-Q2 EPS reported $1.91 revenue$301,620,000

Diluted EPS GAAP $1.06, as adjusted $0.96; operating margin 41.4% GAAP, 43.3% as adjusted.
Total revenue $147.4M, down 4.4% from prior quarter; net income $52.0M GAAP.
Ending AUM $87.9B, down 14% from $102.1B; net outflows $717M.
Non-operating loss of $25.0M driven by investment losses and market depreciation.
Open-end funds net outflows $244M; institutional accounts net outflows $408M.

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