CNSCohen & Steers, Inc.
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $0.89Beat
- vs $0.87 expected on Oct 15
- Stock move on it
- +0.94%
- one session
- Typical move
- ±2.7%
- average over 2 reports
- Price
- $71.39
- −1.83% today · $4.35B cap
Past and upcoming reports
2
| Oct 15, 2026 | Sep 30, 2026 | Time not given | $0.87 | Beat$0.89 | +0.94% |
| Jul 16, 2026 | Jun 30, 2026 | Time not given | $0.82 | Missed$0.73 | +4.42% |
After the report
Jul 16, 2026 report
This covers the Jul 16, 2026 report. The Oct 15, 2026 numbers are in the table above.
CNS EPS Misses by 12% but Record AUM and Revenue Beat Fuel 4.4% Rally
Cohen & Steers reported Q2 2026 EPS of $0.73, missing the $0.83 consensus (-12.0%). The stock surged 4.42% to $84.65 on record AUM and a revenue beat, suggesting the market looked through the EPS miss and focused on asset growth momentum. Valuation remains elevated at 25.9x P/E, above the sector average of 18.4x.
Reported against expected
MissedEPS of $0.73 missed the $0.83 estimate by $0.10 (-12.0%). Revenue and AUM hit records per management commentary, offsetting the earnings shortfall.
Guidance
Implicitly positive: record AUM and revenue beat indicate continued organic growth momentum in real estate and infrastructure strategies.
How the stock reacted
Stock rose 4.42% on heavy volume (438k shares) to $84.65, breaking above the 50-day SMA ($66.83) and 200-day SMA ($66.99). Price is now at the analyst target of $84.
What changed
EPS missed by 12% but record AUM and revenue beat changed the narrative to growth over earnings quality.
What the price now assumes
The +4.4% surge prices a durable asset-gathering story, ignoring the EPS miss and stretched valuation.
What it means for the business
Upgrade bias if AUM growth sustains. watch next quarter's fee income trajectory for validation.
The next one to three months, as we saw it then
Better case30%
Continued inflows into real estate/infrastructure funds drive AUM above $X, lifting fees and EPS growth above guidance.
Base case45%
AUM grows at a moderate pace, EPS recovers to consensus, stock trades near analyst target $84 with limited upside.
Worse case25%
The EPS miss signals margin pressure or higher expenses. AUM growth stalls, stock re-rates toward $67 (implied -20% from current).
If you hold it
Hold unless Q3 AUM growth drops below 5% QoQ or EPS surprises negative again.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.