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Market Overview

Earnings Outlook For Cohen & Steers

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On Wednesday, January 27, 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.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect Cohen & Steers's EPS to be near $0.68 on sales of $112.63 million. In the same quarter last year, Cohen & Steers reported earnings per share of $0.74 on sales of $109.85 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 8.11% decrease in the company's earnings. Sales would be up 2.53% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.60 0.53 0.64 0.68
EPS Actual 0.67 0.54 0.61 0.74
Revenue Estimate 106.07 M 95.00 M 107.50 M 109.25 M
Revenue Actual 111.16 M 94.09 M 105.83 M 109.85 M

Stock Performance

Shares of Cohen & Steers were trading at $71.89 as of January 25. Over the last 52-week period, shares are down 3.64%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Cohen & Steers is scheduled to hold the call at 10:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings