AllianceBernstein Q3 adjusted EPS beats estimates

Alliancebernstein Holding LP

27/10/2026 10:15

Overview
Global investment manager's Q3 adjusted EPS rose 2.3% to $0.88, beating analyst expectations
Q3 revenue rose 7.8% yr/yr, driven by higher performance-based and advisory fees
Company generated $6.6 bln in net inflows, its strongest quarterly result in four years

Outlook
Company did not provide specific financial guidance for the current qtr or full yr

Result Drivers
INSTITUTIONAL INFLOWS - Co said strong institutional demand, especially in liquid and illiquid credit, led to $15.7 bln net inflows in Q3
ALTERNATIVES/MULTI-ASSET GROWTH - Alternatives/MAS segment saw $15 bln net inflows, driven by commercial mortgage loan onboarding and growth across all channels
ACTIVE EQUITY OUTFLOWS - Co said active equity strategies had outflows of about $13 bln, weighing on overall flows

Company press release: ID:nPn26cmmPa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.23 bln
$913.82 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.88
$0.86 (6 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "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 $36.50, about 3.5% above its October 26 closing price of $35.28
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

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(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.)