AllianceBernstein Holding L.P. Announces Third Quarter Results

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AllianceBernstein (AB) Reports In-Line Q3 EPS

October 24, 2019 6:33 AM EDT

AllianceBernstein (NYSE: AB) reported Q3 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $726.71 million versus the consensus estimate of $731.85 million.

Third quarter adjusted net revenues of $727 million were flat from the third quarter of 2018. Higher investment advisory base fees, investment gains and net dividend and interest... More