AllianceBernstein (AB) Misses Q1 EPS by 2c
Tweet
Share
E-mailGet Alerts AB Hot Sheet
Revenue Growth %: -11.5%
Financial Fact:
Net income: 50.26M
Today's EPS Names:
DGICA, UXIN, TOWN, More
Join SI Premium – FREE
AllianceBernstein (NYSE: AB) reported Q1 EPS of $0.40, $0.02 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $590.1 million versus the consensus estimate of $726.82 million.
Assets Under Management ($ Billions)
Total assets under management as of March 31, 2016 were $479.0 billion, up $11.6 billion, or 2.5%, from December 31, 2015, and down $6.9 billion, or 1.4%, from March 31, 2015.
Institutions | Retail | Private Wealth Management | Total | ||||
Assets Under Management 3/31/16 | $244.8 | $155.9 | $78.3 | $479.0 | |||
Net Flows for Three Months Ended 3/31/16 | $1.8 | $(0.6) | $1.0 | $2.2 |
Total net inflows were $2.2 billion, compared to the prior quarter's net outflows of $2.5 billion and the prior-year period's net inflows of $6.0 billion.
For earnings history and earnings-related data on AllianceBernstein (AB) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Grainger (GWW) Tops Q1 EPS by 2c, provides guidance
- Ladder Capital (LADR) Tops Q1 EPS by 4c
- West Bancorporation (WTBA) Tops Q1 EPS by 8c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
