Cohen & Steers Q2 EPS $0.70 Down From $0.96 YoY, Sales $120.63M Down From $147.43M YoY
Portfolio Pulse from Benzinga Newsdesk
Cohen & Steers (NYSE:CNS) reported a decrease in Q2 earnings and sales YoY. Earnings per share were down 27.08% to $0.70, and sales were down 18.18% to $120.63M.
July 19, 2023 | 8:15 pm
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NEGATIVE IMPACT
Cohen & Steers reported a significant decrease in Q2 earnings and sales YoY, which could negatively impact investor sentiment.
Cohen & Steers reported a decrease in both earnings per share and sales for Q2 YoY. This indicates a decline in the company's financial performance, which could lead to a decrease in its stock price as investors may see this as a negative sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100