Recap: Cowen Q1 Earnings

Cowen COWN reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.

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

Cowen beat estimated earnings by 70.89%, reporting an EPS of $1.35 versus an estimate of $0.79.

Revenue was down $355.78 million from the same period last year.

Last quarter the company beat on EPS by $0.81 which was followed by a 2.02% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.96	1.22	1.55	3.21
EPS Actual	2.77	1.32	1.50	4.34
Revenue Estimate	420.13M	340.46M	373.61M	528.58M
Revenue Actual	453.99M	359.06M	390.13M	687.42M

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.