Cohen & Steers Q3 Earnings Preview


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


On Wednesday, Cohen & Steers (NYSE:CNS) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

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Wall Street analysts see Cohen & Steers reporting earnings of 62 cents per share on sales of $98.15 million.

In the same quarter last year, Cohen & Steers reported EPS of 55 cents on revenue of $96.35 million. The analyst consensus estimate would represent a 12.73 percent increase in the company's EPS figure. Sales would be up 1.86 percent from the year-ago period. Cohen & Steers's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.61 0.62 0.54 0.52
EPS Actual 0.59 0.62 0.55 0.55

Stock Performance

Over the last 52-week period, shares are down 11.47 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Cohen & Steers stock as Sell. The strength of this rating has dwindled over the past three months.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsEarnings Previews