Cohen & Steers, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
January 25, 2023 at 09:24 pm
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Cohen & Steers, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 125.34 million compared to USD 159.63 million a year ago. Net income was USD 32.5 million compared to USD 64.48 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 1.33 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 1.3 a year ago.
For the full year, revenue was USD 566.91 million compared to USD 583.83 million a year ago. Net income was USD 171.04 million compared to USD 211.4 million a year ago. Basic earnings per share from continuing operations was USD 3.51 compared to USD 4.38 a year ago. Diluted earnings per share from continuing operations was USD 3.47 compared to USD 4.31 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. 
