Cohen & Steers, Inc. ( (CNS) ) has released its Q4 earnings. Here is a breakdown of the information Cohen & Steers, Inc. presented to its investors.
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Cohen & Steers, Inc. is a global investment manager specializing in real assets and alternative income, including real estate, preferred securities, and infrastructure, with a presence in major financial hubs worldwide. The company has released its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a year of mixed performance with some key financial metrics showing improvement over the previous year. For the fourth quarter of 2024, Cohen & Steers reported a diluted EPS of $0.89, with an adjusted figure of $0.78, alongside an operating margin of 35.3%. The company ended the year with $85.8 billion in assets under management (AUM), although this represented a decline from the previous quarter due to market depreciation and distributions. Despite challenges, Cohen & Steers achieved net inflows of $860 million in the fourth quarter, while the full year saw a slight net outflow of $171 million. Revenue for the year increased by 5.7% to $517.4 million, with operating income also rising by 5.1% to $172.9 million, driven by growth in investment advisory and administration fees. Looking ahead, Cohen & Steers remains focused on navigating market dynamics and leveraging its expertise in real assets to enhance shareholder value.
