AllianceBernstein Holding L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 24, 2024 at 06:38 am EDT
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AllianceBernstein Holding L.P. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported net income was USD 127.2 million compared to USD 56.99 million a year ago. Net income was USD 127.2 million compared to USD 56.99 million a year ago. Net income was USD 127.2 million compared to USD 56.99 million a year ago. Net income was USD 127.2 million compared to USD 56.99 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago.
For the nine months, net income was USD 317.94 million compared to USD 184.99 million a year ago. Basic earnings per share from continuing operations was USD 2.77 compared to USD 1.63 a year ago. Diluted earnings per share from continuing operations was USD 2.77 compared to USD 1.63 a year ago.
AllianceBernstein Holding L.P. is a global investment management company. The Company provides diversified investment management, research, and related services to a range of clients. Its principal services include Institutional Services, Retail Services, Private Wealth Management Services and Bernstein Research Services. It offers Institutional Services to its institutional clients, which include private and public pension plans, foundations and endowments, insurance companies, central banks, and governments worldwide, and Equitable Holdings, Inc. (EQH) and its subsidiaries. Its retail services distribute retail products and services through financial intermediaries, including broker-dealers, insurance sales representatives, banks, registered investment advisors and financial planners. It offers Private Wealth Management services to its private clients, including high-net-worth individuals and families, trusts and estates, charitable foundations, partnerships, and other entities.