-=AllianceBernstein (AB) reported earnings on Thur 24 Oct 19 (b/o)

AllianceBernstein reports EPS in-line, revs in-line

Reports Q3 (Sep) earnings of $0.63 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $0.63; revenues rose 3.3% year/year to $877.87 mln vs the $880.27 mln single analyst estimate.

Q3 US net revenues of $878 million increased 3% from $850 million in the third quarter of 2018. Higher investment advisory base fees, distribution revenues, investment gains and net dividend and interest income were partially offset by lower performance-based fees and Bernstein Research revenues.

Total assets under management as of September 30, 2019 were $592.4 billion, up $11.6 billion, or 2.0%, from June 30, 2019, and up $42.0 billion, or 7.6%, from September 30, 2018.

=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.