secwatch.observer — SEC 8-K summary
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Issuer:     COHEN & STEERS, INC. (CNS)
CIK:        0001284812
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0001284812-23-000151
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Steers Q1 2023: diluted EPS $0.71 ($0.76 adj); AUM $79.9B; net outflows $497M
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- Revenue of $126.1M, up 0.6% from Q4 2022; GAAP diluted EPS $0.71, as adjusted $0.76.
- Operating margin 35.6% GAAP (38.0% adj), down 170bps and 250bps respectively vs Q4.
- AUM $79.9B, down 0.6% from Q4; net outflows $497M, distributions $694M, market appreciation $671M.
- Institutional accounts saw Japan subadvisory net inflows of $335M, but overall net outflows.
- Closed-end funds AUM $10.9B, down 2.5% on outflows and market depreciation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1284812/000128481223000151/0001284812-23-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1284812/000128481223000151/cns-20230419.htm
  HTML page:      https://secwatch.observer/filing/0001284812-23-000151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer