AllianceBernstein Holding L.P. Earnings Advance 1% In Q3

(RTTNews) - AllianceBernstein Holding L.P. (AB) announced a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $43.53 million, or $0.45 per share. This was higher than $43.02 million, or $0.43 per share, in last year's third quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $747.59 million. This was up from $738.69 million last year.

AllianceBernstein Holding L.P. earnings at a glance:

-Earnings (Q3): $43.53 Mln. vs. $43.02 Mln. last year. -Earnings Growth (Y-o-Y): 1.2% -EPS (Q3): $0.45 vs. $0.43 last year. -EPS Growth (Y-o-Y): 4.7% -Analysts Estimate: $0.43 -Revenue (Q3): $747.59 Mln vs. $738.69 Mln last year. -Revenue Change (Y-o-Y): 1.2%