Cohen & Steers Q2 Profit Shrinks - Quick Facts

(RTTNews) - Cohen & Steers, Inc. (CNS) Wednesday reported second-quarter profit of attributable to common shareholders of $15.3 million or $0.34 per share, down from $16.1 million or $0.36 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.43 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 15.4 percent to $77.8 million from $67.4 million last year. Analysts expected revenues of $76.21 million.

Assets under management totaled $47.8 billion as of June 30, down 3.0 percent from $49.3 billion last year.