UPDATE: AllianceBernstein Posts Q4 Profit


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AllianceBernstein Holding LP (NYSE: AB) posted a profit in the fourth quarter.AllianceBernstein posted a quarterly profit of $26.2 million, or $0.26 per unit, versus a year-ago loss of $199.5 million, or $1.97 per unit. Excluding one-time items, its earnings per unit came in at $0.40, versus analysts' estimates of $0.33 per share. Its net revenue gained 13% to $704.6 million, versus analysts' estimates of $673 million. AllianceBernstein shares closed at $21.44 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: EarningsNewsprofit