On Thursday 24th October 2024, investors and market participants can expect the release of AllianceBernstein Holding L.P. (NYSE: AB) third quarter financial results. This crucial announcement will be made before market open.
In accordance with the predictions of financial analysts on Wall Street, the business is on track to report an expected per share of $0.72 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $840.36 million for this quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $3.64 billion. In addition, they anticipate the company to report profit of $3.05 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.65. This figure was a result of the company's total revenue, which reached an impressive $1.03 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.71 | +16.4% | 1.03 B | +2.0% |
| Q1 2024 | $0.73 | +10.6% | 1.10 B | +7.8% |
| Q4 2023 | $0.77 | +10.0% | 1.09 B | +10.2% |
| Q3 2023 | $0.65 | +1.6% | 1.03 B | +4.6% |
| Q2 2023 | $0.61 | -14.1% | 1.01 B | +3.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
Throughout Tuesday's trading, AllianceBernstein Holding L.P. (AB) shares fluctuated between $37.72 and $38.11, with a trading volume of 146.70 thousand shares. The stock ended the regular trading session at $37.91, indicating a rise of 0.21 percent.
