Cowen (NASDAQ:COWN) reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cowen beat estimated earnings by 70.89%, reporting an EPS of $1.35 versus an estimate of $0.79.
Revenue was down $355.78 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.81 which was followed by a 2.02% drop in the share price the next day.
Here's a look at Cowen's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.96 | 1.22 | 1.55 | 3.21 |
| EPS Actual | 2.77 | 1.32 | 1.50 | 4.34 |
| Revenue Estimate | 420.13M | 340.46M | 373.61M | 528.58M |
| Revenue Actual | 453.99M | 359.06M | 390.13M | 687.42M |
To track all earnings releases for Cowen visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
