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AllianceBernstein Q4 Adjusted Net Income, Total Revenue Increase; Quarterly Distribution Declared
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AllianceBernstein Q4 Adjusted Net Income, Total Revenue Increase; Quarterly Distribution Declared
Feb 6, 2025 4:25 AM

06:45 AM EST, 02/06/2025 (MT Newswires) -- AllianceBernstein Holding ( AB ) reported Q4 adjusted net income Thursday of $1.05 per diluted unit, up from $0.77 a year earlier.

Analysts polled by FactSet expected $0.86.

Total revenue for the quarter ended Dec. 31 was $1.28 billion, up from $1.12 billion a year earlier.

Analyst estimates were not readily available for comparison.

The investment management firm also declared a quarterly distribution of $1.05 per unit, payable March 13, to holders of record as of Feb. 18.

Shares of the company were up 2.6% in recent Thursday premarket activity.

Price: 40.91, Change: +1.02, Percent Change: +2.6

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