AllianceBernstein's Q2 revenue beats estimates, AUM hits $829 bln

Alliancebernstein Holding LP

24/07/2025 11:31

Overview

AllianceBernstein Q2 revenue of $1.09 bln beats analyst expectations

Adjusted net income per unit rises 7% yr/yr

Company reports $6.7 bln net outflows, despite record AUM of $829 bln

Outlook

Asset manager AllianceBernstein sees promising start to second half of 2025

Result Drivers

AUM RECORD HIGH - Assets under management reached a record $829 bln, driven by improved investor sentiment and positive returns on risk assets

NEGATIVE NET FLOWS - Firm-wide net flows turned negative with $4.8 bln active net outflows, primarily due to softened retail demand and overseas redemptions

INSTITUTIONAL GAINS - Institutional segment saw positive net flows in taxable fixed income and alternatives/multi-asset, offsetting some retail outflows

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.09 bln
$840.90 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for AllianceBernstein Holding LP is $40.50, about 3.1% below its July 23 closing price of $41.77

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn9Npj55a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)