Despite strong investment performance and successful new product launches, the company faced challenges with decreased earnings, operating margin decline, and overall net outflows. The growing liquidity and positive fund ratings are significant positives, but are balanced by the financial and operational challenges faced this quarter.

Company Guidance -

Q3 2025

During the Cohen & Steers Second Quarter 2025 Earnings Conference Call, guidance was provided regarding various financial metrics and expectations for the year. For 2025, the company expects its compensation ratio to remain at 40.5%, aligning with prior guidance. General and administrative (G&A) expenses are anticipated to increase by 7% to 8% from the previous year, driven by talent acquisition costs and business development activities, including the launch of active ETFs and foreign office upgrades. The effective tax rate is projected to stay at 25.3% on an as-adjusted basis. Additionally, after 2025, annual changes in G&A are expected to moderate to mid-single-digit growth. The company reiterated its focus on disciplined expense management while continuing to make selective investments in its business.

Strong Investment Performance

89% of AUM outperformed its benchmark in Q2, with 94% outperforming on a 1-year basis. Over 95% outperformed on a 3-, 5-, and 10-year basis, with 99% over 10 years.

Positive Open-End Fund Flows

Open-end funds experienced net inflows of $285 million in Q2, marking the fourth consecutive quarter of inflows.

Successful ETF Launch

Cohen & Steers launched active ETFs with $54 million in net inflows in the first full quarter, signaling a positive market reception.

AUM Growth

Ending AUM increased to $88.9 billion in Q2 from $87.6 billion in Q1, driven by market appreciation.

Liquidity Improvement

Liquidity improved to $323 million at the end of Q2, up from $295 million in the prior quarter.

High Rated Funds

90% of open-end fund AUM is rated 4 or 5 stars by Morningstar, indicating strong fund performance.

Cohen & Steers (CNS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CNS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 15, 2025	2025 (Q3)	0.79 / -	0.77	―	―	―
Jul 17, 2025	2025 (Q2)	0.76 / 0.73	0.68	7.35% (+0.05)
Apr 16, 2025	2025 (Q1)	0.72 / 0.75	0.7	7.14% (+0.05)
Jan 22, 2025	2024 (Q4)	0.78 / 0.78	0.67	16.42% (+0.11)
Oct 16, 2024	2024 (Q3)	0.74 / 0.77	0.7	10.00% (+0.07)
Jul 17, 2024	2024 (Q2)	0.67 / 0.68	0.7	-2.86% (-0.02)
Apr 17, 2024	2024 (Q1)	0.71 / 0.70	0.76	-7.89% (-0.06)
Jan 24, 2024	2023 (Q4)	0.64 / 0.67	0.79	-15.19% (-0.12)
Oct 18, 2023	2023 (Q3)	0.70 / 0.70	0.92	-23.91% (-0.22)
Jul 19, 2023	2023 (Q2)	0.72 / 0.70	0.96	-27.08% (-0.26)

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

CNS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 17, 2025	$75.56	$72.69	-3.80%
Apr 16, 2025	$73.32	$73.69	+0.50%
Jan 22, 2025	$85.37	$87.97	+3.05%
Oct 16, 2024	$99.09	$103.18	+4.13%

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.

FAQ

When does Cohen & Steers, Inc. (CNS) report earnings?

Cohen & Steers, Inc. (CNS) is schdueled to report earning on Oct 15, 2025, After Close (Confirmed).

What is Cohen & Steers, Inc. (CNS) earnings time?

Cohen & Steers, Inc. (CNS) earnings time is at Oct 15, 2025, After Close (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 CNS EPS forecast?

CNS EPS forecast for the fiscal quarter 2025 (Q3) is 0.79.

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