---
schema_version: "secwatch.filing_event.v1"
accession: "0001284812-23-000216"
form_type: "8-K"
ticker: "CNS"
cik: "0001284812"
company_name: "COHEN & STEERS, INC."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:17:08.318090+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cohen & Steers Q2 GAAP EPS $0.64, adjusted $0.70; revenue down 4.3% QoQ to $120.6M

## Summary
- Diluted GAAP EPS $0.64; as adjusted EPS $0.70, down 10% and 7.7% QoQ, respectively.
- Revenue $120.6M, down 4.3% from Q1 2023, driven by lower average AUM across all vehicle types.
- Operating margin 33.9% GAAP, 36.4% as adjusted; down 170 bps and 160 bps QoQ, respectively.
- Ending AUM $80.4B (+0.6% QoQ) on market appreciation of $1.8B, offset by net outflows of $512M.
- Net outflows of $512M driven by open-end fund redemptions in preferred securities and U.S. real estate.

## SEC filing metadata
- accession: 0001284812-23-000216
- form_type: 8-K
- ticker: CNS
- cik: 0001284812
- company_name: COHEN & STEERS, INC.
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1284812/000128481223000216/0001284812-23-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1284812/000128481223000216/cns-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001284812-23-000216
- JSON: https://secwatch.observer/filing/0001284812-23-000216.json
- Plain text: https://secwatch.observer/filing/0001284812-23-000216.txt

## Key facts
- Earnings Releases
  COHEN & STEERS, INC. reported quarter ended June 30, 2023 results: revenue $120,630, net income $31,778, EPS $0.64.
  - Period: quarter ended June 30, 2023
  - Revenue: $120,630
  - Net income: $31,778
  - EPS: $0.64
  - Result: reported results
  source text: Three Months Ended June 30, 2023 March 31, 2023 $ Change % Change U.S. GAAP Revenue $ 120,630 $ 126,082 $ (5,452) (4.3 %) Expenses $ 79,789 $ 81,183 $ (1,394) (1.7 %) Operating income $ 40,841 $ 44,899 $ (4,058) (9.0 %) Non-operating income (loss) (1) $ 2,650 $ 1,632 $ 1,018 62.4 % Net income attributable to common stockholders $ 31,778 $ 35,314 $ (3,536) (10.0 %) Diluted earnings per share $ 0.64 $ 0.71 $ (0.07) (10.1 %)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1284812/000128481223000216/0001284812-23-000216-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.