- AllianceBernstein reported adjusted earnings per unit at $1.05, surpassing the estimated $0.86 and last year’s $0.77.
- The company faced net outflows of $4.8 billion in the fourth quarter, compared to $1.8 billion last year.
- Assets under management increased by 9.2% year-over-year, reaching $792.2 billion.
- Adjusted net revenue rose to $973.3 million, marking a 12% increase from the previous year and beating the estimate of $892.4 million.
- Overall net revenue climbed to $1.26 billion, a 15% rise from the previous year.
- Adjusted operating income increased by 40% year-over-year, reaching $354.4 million, above the $304 million estimate.
- The adjusted operating margin improved to 36.4% from 29.2% the previous year.
- The company registered a net inflow of $4.2 billion for the full year 2024, thanks to organic growth in two of its three channels.
- There are currently 5 buy ratings, 3 hold ratings, and no sell ratings for AllianceBernstein.
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A look at AllianceBernstein Holding LP Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, AllianceBernstein Holding LP is positioned well for the long term. With a strong dividend score of 5, investors can expect consistent and reliable returns from the company. Additionally, the firm shows resilience with a score of 4, indicating its ability to weather market fluctuations and economic uncertainties. This suggests that AllianceBernstein Holding LP is well-equipped to navigate challenging times and maintain stability in its operations.
While the company scores moderately on value and growth factors with scores of 3, its momentum score of 4 highlights a positive uptrend in its performance. Overall, AllianceBernstein Holding LP, an investment management firm catering to a diverse range of clients globally, appears to present a promising outlook for investors looking for steady dividends and a strong ability to withstand market volatility.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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