What to Expect from Cohen & Steers's Earnings

Cohen & Steers (NYSE:CNS) is set to give its latest quarterly earnings report on Wednesday, 2024-10-16. Here's what investors need to know before the announcement.

Analysts estimate that Cohen & Steers will report an earnings per share (EPS) of $0.77.

Anticipation surrounds Cohen & Steers's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 0.95% increase in the share price the next day.

Here's a look at Cohen & Steers's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.67

0.71

0.64

0.7

EPS Actual

0.68

0.70

0.67

0.7

Price Change %

1.0%

-1.0%

3.0%

-3.0%

Cohen & Steers Share Price Analysis

Shares of Cohen & Steers were trading at $96.53 as of October 14. Over the last 52-week period, shares are up 78.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Cohen & Steers

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Cohen & Steers.

Cohen & Steers has received a total of 2 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $94.0, the consensus suggests a potential 2.62% downside.

Analyzing Ratings Among Peers

This comparison focuses on the analyst ...