On Wednesday, Cohen & Steers CNS will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Wall Street analysts see Cohen & Steers reporting earnings of 62 cents per share on sales of $98.15 million.
In the same quarter last year, Cohen & Steers reported EPS of 55 cents on revenue of $96.35 million. The analyst consensus estimate would represent a 12.73 percent increase in the company's EPS figure. Sales would be up 1.86 percent from the year-ago period. Cohen & Steers's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 0.61 | 0.62 | 0.54 | 0.52 |
EPS Actual | 0.59 | 0.62 | 0.55 | 0.55 |
Stock Performance
Over the last 52-week period, shares are down 11.47 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Cohen & Steers stock as Sell. The strength of this rating has dwindled over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.