Cowen: Q2 Earnings Insights

Cowen COWN reported its Q2 earnings results on Wednesday, August 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Cowen missed estimated earnings by 63.64%, reporting an EPS of $0.12 versus an estimate of $0.33.

Revenue was down $121.53 million from the same period last year.

Last quarter the company beat on EPS by $0.56 which was followed by a 0.44% drop in the share price the next day.

Here's a look at Cowen's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.79	1.96	1.22	1.55
EPS Actual	1.35	2.77	1.32	1.50
Revenue Estimate	313.99M	420.13M	340.46M	373.61M
Revenue Actual	331.64M	453.99M	359.06M	390.13M

To track all earnings releases for Cowen visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.