AllianceBernstein (AB) Misses Q2 EPS by 1c
AllianceBernstein (NYSE: AB) reported Q2 EPS of $0.48, $0.01 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $657.4 million versus the consensus estimate of $787.13 million.
Assets Under Management ($ Billions)
Total assets under management as of June 30, 2015 were $485.1 billion, down $0.8 billion, or 0.2%, from March 31, 2015, and up $4.9 billion, or 1.0%, from June 30, 2014.
Institutions | Retail | Private Wealth Management | Total | ||||
Assets Under Management 6/30/15 | $244.2 | $163.0 | $77.9 | $485.1 | |||
Net Flows for Three Months Ended 6/30/15 | $3.5 | $(0.9) | $(0.4) | $2.2 |
Total net inflows were $2.2 billion, compared to the prior quarter's net inflows of $6.0 billion and the prior-year period's net inflows of $8.3 billion.
For earnings history and earnings-related data on AllianceBernstein (AB) click here.