After the market closed, Cohen & Steers (NYSE: CNS) revealed its first quarter financial results.
The company’s earnings fell short of forecasts, and its revenue also missed market expectations.
Based on the most recent financial disclosures, the firm reported adjusted earnings of $0.75 per share with quarterly revenue totaling $134.47 million.
Analysts had anticipated revenue to reach $141.94 million and expected a profit of $0.76 per share.
For the quarter, the company saw a 7.1 percent increase in earnings, supported by a 9.6 percent rise in revenue.
