Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
AllianceBernstein (AB)
NYSE:AB
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.8Last Year’s EPS
0.73Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -6.79%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call depicted a company experiencing robust growth in fixed income and private markets, supported by significant cost savings and strong performance fees. However, the persistent challenges in active equity outflows and institutional redemptions, along with fee rate pressures, present notable headwinds. Despite these challenges, the positive developments in other areas lend a cautiously optimistic outlook.Company Guidance
During AllianceBernstein's fourth quarter 2024 earnings call, several key financial metrics and strategic highlights were presented. The firm achieved a record $25 billion in net inflows for the year, with significant contributions from its fixed income platform, which grew at a 9% annual organic growth rate. The private markets AUM rose by 14% to $70 billion, supported by strategic partnerships, including Equitable's $10 billion commitment. The firm's adjusted operating margin increased to 36.4% in the fourth quarter, reflecting a strong operating leverage and cost-saving initiatives such as the $50 million annual occupancy-related savings from the New York City office relocation. For 2025, AllianceBernstein targets a baseline adjusted operating margin of 33%, with potential upside from favorable markets. The company also maintained a stable firm-wide fee rate of 39.8 basis points and reported a 36% increase in fourth quarter adjusted earnings per unit, amounting to $1.05, driven by robust performance fees and improved operating leverage.Record Net Inflows and Fixed Income Growth
In 2024, AllianceBernstein achieved over $4 billion in net inflows, with the active fixed income platform growing at a 9% annual organic growth rate, exceeding $24 billion in inflows, marking the highest year on record.
Cost Savings and Margin Improvement
The relocation of the New York City office contributed approximately $50 million in annual occupancy-related savings. The fourth quarter adjusted operating margin stood at 36.4%, up 720 basis points year-over-year, demonstrating strong operating leverage.
Private Markets AUM Growth
Private markets AUM reached $70 billion by year-end 2024, up 14% from the previous year. This segment represented over 16% of total asset management revenue for the year.
Strong Performance Fees
Performance fees surged 80% year-over-year to $227 million in 2024, exceeding prior guidance due to strong alpha generation across public and private alternative strategies.
---
AB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
AB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $38.76 | $35.02 | -9.65% |
| Oct 24, 2024 | $35.83 | $36.51 | +1.90% |
| Jul 26, 2024 | $32.08 | $32.59 | +1.59% |
| Apr 25, 2024 | $30.55 | $30.72 | +0.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does AllianceBernstein (AB) report earnings?
AllianceBernstein (AB) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is AllianceBernstein (AB) earnings time?
AllianceBernstein (AB) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AB EPS forecast?
AB EPS forecast for the fiscal quarter 2025 (Q1) is 0.8.
---