Cohen & Steers is set to report second-quarter earnings this Thursday after market close. Analysts expect revenue to grow 11% year on year, matching the 11.8% increase recorded in the same quarter last year. The company beat revenue expectations last quarter with $145.6 million, up 8.3% year on year, but missed EPS estimates. Peers Goldman Sachs and FactSet have already reported Q2 results, with Goldman Sachs delivering 39.5% revenue growth and FactSet posting a 6.4% increase, both topping expectations. Cohen & Steers shares were unchanged over the last month, heading into earnings with an average analyst price target of $71.33 against a current price of $77.17.
Cohen & Steers IncQ2 earnings report expected with 11% revenue growth, but missed EPS last quarter and stock trades above average price target.
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