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Cohen & Company Inc (COHN)
:COHN
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
2.97Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2025
|% Change Since: -11.76%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture with significant revenue growth in CCM and the mortgage business. However, this was overshadowed by notable losses, volatility in revenue streams, and negative impacts from SPAC-related investments, leading to an overall net loss for the quarter.Company Guidance
During the Cohen & Company's fourth quarter 2024 earnings call, key financial metrics highlighted included a net loss attributable to the company of $2 million for the quarter, translating to a loss of $1.21 per fully diluted share. This contrasted with a net income of $2.2 million in the previous quarter and $4.5 million in the same quarter of the previous year. The adjusted pretax loss stood at $7.7 million, a reversal from the $7.7 million adjusted pretax income in the prior quarter. The total CCM revenue for the year was $38.9 million, nearly double the $21.9 million from 2023, despite a decrease in new issue and advisory revenue to $10 million in the fourth quarter. The company's gestation repo book increased by more than 30% to $2.7 billion compared to December 2023. Additionally, net trading revenue was $8.9 million, and asset management revenue was $2.1 million for the quarter. The company maintained its quarterly dividend at $0.25 per share, with total equity at the end of the year being $90.3 million, down from $91.8 million at the end of 2023. The call also noted the volatility in revenue due to fluctuations in the value of investment assets received as consideration, particularly related to SPAC market involvement.Increase in CCM Revenue
Full year CCM revenue nearly doubled to $38.9 million from $21.9 million in 2023.
Growth in Mortgage Business
Gestation repo book increased by over 30% from December 2023, reaching $2.7 billion.
Net Trading Revenue Increase
Net trading revenue increased by $1.1 million compared to the fourth quarter of 2023.
Quarterly Dividend Payment
Declared a quarterly dividend of $0.25 per share, payable on April 9th.
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COHN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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COHN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 10, 2025 | $9.18 | $8.87 | -3.38% |
| Nov 04, 2024 | $8.04 | $9.44 | +17.41% |
| Aug 05, 2024 | $8.80 | $8.52 | -3.18% |
| May 06, 2024 | $6.11 | $6.88 | +12.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cohen & Company Inc (COHN) report earnings?
Cohen & Company Inc (COHN) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Cohen & Company Inc (COHN) earnings time?
Cohen & Company Inc (COHN) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COHN EPS forecast?
Currently, no data Available
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