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Cowen Group (COWN) Beats Q2 Earnings Estimates

12:45pm, Tuesday, 28'th Jul 2020
Cowen (COWN) delivered earnings and revenue surprises of 6.80% and -29.46%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
* Reports Record 2Q20 US GAAP Net Income of $112.1 million or $3.83 per share * Record Economic Operating Income of $166.9 million, or $5.69 per share * The Nikola investment contributed $64.9 mil
The following slide deck was published by Cowen Inc. in conjunction with their 2020 Q2 earnings call..
While the airline’s debt burden remains a concern, a Raymond James analyst writes that bankruptcy is not in the cards.
NEW YORK, July 27, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced six key recent additions to the firm’s Cross-Asset Division.  Mike Kasper, Jo
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