AllianceBernstein Holding L.P. Announces First Quarter Results

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AllianceBernstein (AB) Misses Q1 EPS by 2c

April 28, 2016 6:49 AM EDT

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%,... More