Benzinga | Oct 27, 2020 07:42AM EDT

Cowen Q3 Adj. EPS $1.25 Beats $0.38 Estimate, Sales $274.29M Beat $227.10M Estimate

Cowen (NASDAQ:COWN) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $0.38 by 228.95 percent. This is a 267.65 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $274.29 million which beat the analyst consensus estimate of $227.10 million by 20.78 percent. This is a 26.35 percent increase over sales of $217.09 million the same period last year.