News: Cohen & Steers publishes results for Q4'22 and year ending Dec'22

26/01/2023

Press Release - Cohen & Steers, Inc. (NYSE: CNS) on Wednesday reported its operating results for the fourth quarter and year ended December 31, 2022. The company's quarterly earnings presentation can be viewed here. The company shall also be hosting an earnings call with investors and analysts which will be held at 10:00 ET this morning. Hosting the call will be chief executive officer and president, Joseph Harvey, chief financial officer, Matthew Stadler, and chief investment officer, Jon Cheigh.

Highlights:

  • Cohen & Steers press release (NYSE:CNS): Q4 Non-GAAP EPS of $0.79 misses by $0.02.
  • Revenue of $125.34M (-21.5% Y/Y) beats by $4.89M.
  • Ending AUM of $80.4 billion; average AUM of $80.5 billion for the fourth quarter
  • Net outflows of $1.1 billion for the fourth quarter

About Cohen & Steers

Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

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