AllianceBernstein Holding Q2 2024 Adj EPS $0.71 Beats $0.67 Estimate, Sales $1.027B Beat $804.613M Estimate
Portfolio Pulse from Benzinga Newsdesk
AllianceBernstein Holding (NYSE: AB) reported Q2 2024 adjusted EPS of $0.71, beating the $0.67 estimate, and sales of $1.027 billion, surpassing the $804.613 million estimate. This represents a 16.39% increase in EPS and a 1.88% increase in sales compared to the same period last year.
July 26, 2024 | 10:28 am
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AllianceBernstein Holding (NYSE: AB) reported strong Q2 2024 results with EPS of $0.71 beating estimates by 5.97% and sales of $1.027 billion surpassing estimates by 27.64%. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with year-over-year growth in both metrics, suggests strong financial health and operational efficiency. This is likely to positively impact the stock price in the short term.
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