COHEN & STEERS INC
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
CNS$73.67-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (Unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Investment advisory and administration fees | $125,397 | $116,226 | $355,319 | $347,378 |
| Distribution and service fees | 7,244 | 7,014 | 20,692 | 21,553 |
| Other | 562 | 497 | 1,623 | 1,518 |
| Total revenue | 133,203 | 123,737 | 377,634 | 370,449 |
| Expenses: | ||||
| Employee compensation and benefits | 56,376 | 52,830 | 161,476 | 150,580 |
| Distribution and service fees | 14,739 | 13,689 | 41,404 | 41,234 |
| General and administrative | 14,874 | 15,546 | 44,351 | 49,396 |
| Depreciation and amortization | 2,341 | 801 | 6,863 | 2,628 |
| Total expenses | 88,330 | 82,866 | 254,094 | 243,838 |
| Operating income | 44,873 | 40,871 | 123,540 | 126,611 |
| Non-operating income (loss): | ||||
| Interest and dividend income | 5,420 | 3,763 | 14,396 | 10,407 |
| Gain (loss) from investments—net | 18,975 | (10,056) | 17,941 | (10,008) |
| Foreign currency gain (loss)—net | (1,692) | 1,134 | (2,041) | (1,276) |
| Total non-operating income (loss) | 22,703 | (5,159) | 30,296 | (877) |
| Income before provision for income taxes | 67,576 | 35,712 | 153,836 | 125,734 |
| Provision for income taxes | 12,293 | 10,543 | 34,062 | 31,762 |
| Net income | 55,283 | 25,169 | 119,774 | 93,972 |
| Net (income) loss attributable to noncontrolling interests | (15,615) | 6,971 | (14,331) | 5,260 |
| Net income attributable to common stockholders | $39,668 | $32,140 | $105,443 | $99,232 |
| Earnings per share attributable to common stockholders: | ||||
| Basic | $0.78 | $0.65 | $2.10 | $2.01 |
| Diluted | $0.77 | $0.65 | $2.08 | $2.00 |
| Weighted average shares outstanding: | ||||
| Basic | 50,778 | 49,351 | 50,257 | 49,289 |
| Diluted | 51,428 | 49,617 | 50,681 | 49,495 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.