AllianceBernstein: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 06:28 AM ET
Last Updated - Dec 16, 2024, 06:02 PM EST
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — AllianceBernstein Holding LP (AB) on Thursday reported third-quarter earnings of $127.2 million.
The Nashville, Tennessee-based company said it had profit of $1.12 per share. Earnings, adjusted for non-recurring gains, were 77 cents per share.
The investment management company posted revenue of $1.09 billion in the period. Its adjusted revenue was $845.1 million.
AllianceBernstein shares have risen 21% since the beginning of the year. The stock has risen 30% in the last 12 months.
