secwatch.observer — SEC 8-K summary
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Issuer:     COHEN & STEERS, INC. (CNS)
CIK:        0001284812
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001284812-24-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Steers Q4 GAAP EPS $0.60, revenue $119.2M; AUM $83.1B, net outflows $935M
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- Diluted EPS $0.60 GAAP, $0.67 adjusted; full year EPS $2.60 GAAP, $2.84 adjusted.
- Q4 revenue $119.2M, down 3.7% from Q3 and 4.9% YoY; full year revenue $489.6M, down 13.6% YoY.
- Ending AUM $83.1B, up 10.6% from Q3 on $9.6B market gains, offset by $935M net outflows and $717M distributions.
- Q4 operating margin 31.8% GAAP, 34.7% adjusted; full year margin 33.6% GAAP, 36.2% adjusted.
- Full year net outflows $2.0B; continued weakness in open-end funds and institutional accounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1284812/000128481224000020/0001284812-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1284812/000128481224000020/cns-20240124.htm
  HTML page:      https://secwatch.observer/filing/0001284812-24-000020

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