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Tuesday, February 14, 2017

=AllianceBernstein (AB) reported earnings on Tue 14 Feb 2017 (b/o)




AllianceBernstein beats by $0.18, beats on revs:
  • Reports Q4 (Dec) earnings of $0.67 per share, $0.18 better than the Capital IQ Consensus of $0.49; revenues rose 8.2% year/year to $786.26 mln vs the $740.37 mln two analyst estimate.
  • Total assets under management as of December 31, 2016 were $480.2 billion, down $10.0 billion, or 2.0%, from September 30, 2016, and up $12.8 billion, or 2.7%, from December 31, 2015.

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