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BRIEF-Alliancebernstein Holding L.P. Announces First Quarter Results

reuters.com · 04/29/2022 07:26
BRIEF-Alliancebernstein Holding L.P. Announces First Quarter Results

- AllianceBernstein Holding LP AB:

  • ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS

  • QTRLY GAAP DILUTED NET INCOME OF $0.87 PER UNIT

  • QTRLY ADJUSTED DILUTED NET INCOME OF $0.90 PER UNIT

  • TOTAL NET INFLOWS WERE $11.4 BILLION IN Q1, COMPARED TO NET INFLOWS OF $7.4 BILLION IN Q4 OF 2021

  • INSTITUTIONAL CHANNEL Q1 NET INFLOWS OF $10.2 BILLION COMPARED TO NET INFLOWS OF $0.4 BILLION IN Q4 OF 2021

  • TOTAL ASSETS UNDER MANAGEMENT AS OF MARCH 31, 2022 WERE $735.4 BILLION, DOWN $43.2 BILLION, OR 6%, FROM DECEMBER 31, 2021

  • QTRLY GAAP NET REVENUES $1.11 BILLION VERSUS $1.01 BILLION

  • QTRLY ADJUSTED NET REVENUES $903.74 MILLION VERSUS $819.98 MILLION

  • Q1 EARNINGS PER SHARE VIEW $0.85, REVENUE VIEW $883.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nPn1bM38pa

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