Cohen & Steers Beats on Top and Bottom Lines (CNS)

Cohen & Steers Inc. CNS reports Q3 earnings of $0.25 versus consensus of $0.24. Cohen & Steers Inc. reports revenues of $46.4 million versus consensus of $44.63 million. Revenues increased 5.0% year over year. Assets under management were $31.2 billion as of September 30, 2010, an increase of 19.0% from $26.2 billion at June 30, 2010 and an increase of 38.9% from $22.5 billion at September 30, 2009. As of September 30, 2010, cash, cash equivalents and investments were $172 million. Shares of CNS did not trade in the after-hours as of the time of this writing.