AllianceBernstein Holding Q3 Adj $0.77 Beats $0.72 Estimate, Sales $1.08B Beat $840.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
AllianceBernstein Holding reported Q3 earnings of $0.77 per share, surpassing the $0.72 estimate, and sales of $1.08 billion, exceeding the $840.36 million estimate. This marks an 18.46% increase in earnings and a 5.14% increase in sales compared to the previous year.
October 24, 2024 | 10:25 am
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AllianceBernstein Holding reported better-than-expected Q3 earnings and sales, with earnings per share at $0.77 and sales at $1.08 billion, both surpassing analyst estimates.
The company's earnings and sales both exceeded analyst expectations, indicating strong financial performance. This positive surprise is likely to boost investor confidence and drive the stock price up in the short term.
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