topstockalerts
Oct 15, 10:53 PM
Cohen & Steers reported Q3 2026 results after the market close, recording
$1.6B in net inflows, its fifth consecutive quarter of organic growth and the strongest inflows since Q4 2021. Revenue rose 11% YoY to
$157.4M, while adjusted EPS of
$0.89 missed the
$0.92 analyst consensus. AUM ended the quarter at
$95.9B, down from
$100.1B in Q2 due to
$5.1B in market depreciation and distributions, although average AUM increased to
$101.1B. The adjusted operating margin improved to 37.2% from 36.1% a year earlier, highlighting stronger operating efficiency alongside growth investments. CEO Joseph Harvey said the results show the company’s growth strategy gaining momentum across multiple investment strategies, vehicles and client channels.
Shares rose 3.90% during regular trading to
$68.98 and gained another 2.77% after hours to
$70.89. The positive reaction reflected record inflows, double-digit revenue growth and improved margins following recent share-price pressure.
$CNS
