Benzinga | Jul 28, 2021 07:22AM EDT

Cowen Q2 Adj. EPS $1.50 Misses $1.55 Estimate, Sales $458.80M Beat $373.61M Estimate

Cowen (NASDAQ:COWN) reported quarterly earnings of $1.50 per share which missed the analyst consensus estimate of $1.55 by 3.23 percent. This is a 73.64 percent decrease over earnings of $5.69 per share from the same period last year. The company reported quarterly sales of $458.80 million which beat the analyst consensus estimate of $373.61 million by 22.80 percent. This is a 17.88 percent decrease over sales of $558.70 million the same period last year.