AllianceBernstein posts 4Q profit

Associated Press |

NEW YORK (AP) _ AllianceBernstein Holding LP (AB) on Tuesday reported fourth-quarter earnings of $78.8 million.

The New York-based company said it had profit of 84 cents per share.

The investment management company posted revenue of $919.1 million in the period. Its adjusted revenue was $770.1 million.

For the year, the company reported profit of $208.1 million, or $2.19 per share. Revenue was reported as $2.7 billion.

AllianceBernstein shares have risen slightly more than 1 percent since the beginning of the year. The stock has risen 8.5 percent in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AB at

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Radient Technologies Inc.

Radient Technologies Inc is engaged in research, development and commercialization of environmentally responsible technology for the extraction, isolation and purification of soluble products from a wide range of materials using…

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.


Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…