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AllianceBernstein Holding Beats on Earnings and Revenue

Posted by on April 27, 2017 7:00 AM
Categories: Stocks

April 27, 2017: AllianceBernstein Holding reports Q1 EPS of $0.46 versus the $0.44 estimate. Revenue also beat coming in at $764.9 million versus the $631 million estimate.

The CEO Peter S. Kraus said, “Finally, I’m very pleased that, in such a difficult growth environment, we were able to achieve year-over-year quarterly increases in every key adjusted operating metric: revenues, operating income, margin and earnings and distribution per unit. We’re as committed as ever to growing our business while keeping expenses in check, and I’m proud of the job we’re doing so far in 2017.”

April 18, 2017: AllianceBernstein Holding trades at an excellent P/E of 10.23 and forward P/E of 10.89. The stock also has a rising money flow which suggests the stock is under accumulation. Institutional traders have increased their long positions by 0.11% over the last 3 months.

AllianceBernstein Holding Stock Chart

The Finviz screener settings used to find AllianceBernstein Holding are: P/E Low (<15), Forward P/E Low (<15), EPS growth this year Over 20%, EPS growth past 5 years 30% – 35%, Sales growth qtr over qtr 40% – 45%, Institutional Transactions Positive (>0%)

AB is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.


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Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on unless specifically stated in the article. Owner of Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.
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