Cowen Group, Inc. Announces Third Quarter 2015 Financial Results

Go back to Cowen Group, Inc. Announces Third Quarter 2015 Financial Results

Cowen Group (COWN) Misses Q3 Expectations

October 29, 2015 8:05 AM EDT

Cowen Group (NASDAQ: COWN) reported Q3 EPS of ($0.13), $0.14 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $82.8 million versus the consensus estimate of $111.76 million.

Core operating businesses performed well. The quarterly loss is primarily attributable to mark-to-market declines and... More