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Cowen: 2Q Earnings Snapshot

July 26, 2019

NEW YORK (AP) _ Cowen Group Inc. (COWN) on Friday reported second-quarter earnings of $5.8 million.

The company, based in New York, said it had earnings of 13 cents per share. Earnings, adjusted for non-recurring costs, came to 49 cents per share.

The financial services company posted revenue of $292.2 million in the period. Its revenue net of interest expense was $292.2 million, which beat Street forecasts.

Cowen shares have risen 31% since the beginning of the year. The stock has climbed 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COWN at https://www.zacks.com/ap/COWN

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