Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
26 June, 2017 10:45 IST
Cohen Steers first-quarter profit rises 27.11 percent on a YOY basis
Source: IRIS | 21 Apr, 2017, 04.27PM

Powered by IRIS XBRL Data
Comments  |  Post Comment

Cohen Steers (CNS) has reported 27.11 percent rise in profit for the quarter ended Mar. 31, 2017. The company has earned $22.98 million, or $0.49 a share in the quarter, compared with $18.08 million, or $0.39 a share for the same period last year. On the other hand, adjusted net income for the quarter stood at $21.92 million, or $0.47 a share compared with $18.80 million or $0.41 a share, a year ago.  

Revenue during the quarter grew 12.56 percent to $89.69 million from $79.68 million in the previous year period. Total expenses were 60.39 percent of quarterly revenues, down from 64.47 percent for the same period last year. This has led to an improvement of 409 basis points in operating margin to 39.61 percent.

Operating income for the quarter was $35.53 million, compared with $28.31 million in the previous year period.

However, the adjusted operating income for the quarter stood at $35.52 million compared to $30.32 million in the prior year period.

Disclaimer: Please note that this is an auto-generated article. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website. For queries contact: editor@irisindia.net



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
US Equities
Federal Signal Corp first-quarter earnings plunge by 46.32 percent on a YOY basis - 26-Jun-2017 08:54
Federal Signal Corp first-quarter earnings plunge by 46.32 percent on a YOY basis - 26-Jun-2017 08:54
Athenahealth first-quarter loss widens on a YOY basis - 25-Jun-2017 17:25
Amkor Technology first-quarter loss widens on a YOY basis - 25-Jun-2017 15:27
Entegris first-quarter profit jumps 100.56 percent on a YOY basis - 24-Jun-2017 13:42
MarineMax first-quarter profit rises 10.45 percent on a YOY basis - 24-Jun-2017 11:57
Safeguard Scientifics first-quarter loss widens on a YOY basis - 24-Jun-2017 03:18
Radian Group first-quarter profit rises 15.43 percent on a YOY basis - 24-Jun-2017 03:02
Radian Group first-quarter profit rises 15.43 percent on a YOY basis - 24-Jun-2017 03:02
Patrick Industries first-quarter profit jumps 34.62 percent on a YOY basis - 24-Jun-2017 02:43
US Ecology first-quarter earnings plunge by 31.02 percent on a YOY basis - 24-Jun-2017 02:24
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer