earnings
confidence high
sentiment negative
materiality 0.70
Cohen & Steers Q3 2022 GAAP EPS $0.90, adjusted $0.92; AUM falls 9.9% to $79.2B
COHEN & STEERS, INC.
2022-Q3 EPS reported
$2.81
revenue$441,571,000
- Q3 2022 GAAP diluted EPS $0.90 vs $1.06 in Q2 2022; adjusted EPS $0.92 vs $0.96.
- Revenue $139.95M, down 5.1% from Q2 2022; operating margin 40.9% (GAAP) vs 41.4% prior quarter.
- Ending AUM $79.2B, down 9.9% from $87.9B; net outflows $598M, market depreciation $7.4B.
- Q3 net income attributable to common stockholders $44.57M, down 14.2% from $51.96M in Q2.