Cohen & Steers, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 17, 2024 at 04:23 pm EDT
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Cohen & Steers, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 122.71 million compared to USD 126.08 million a year ago. Net income was USD 34 million compared to USD 35.31 million a year ago.
Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.72 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.71 a year ago.
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Companyâs distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end.
COHEN & STEERS, INC. 
