AllianceBernstein Holding L.P. Q3 adjusted earnings Beat Estimates

(RTTNews) - AllianceBernstein Holding L.P. (AB) reported earnings for its third quarter that climbed from the same period last year.

The company's bottom line came in at $203.67 million, or $0.68 per share. This compares with $140.95 million, or $0.46 per share, in last year's third quarter.

Excluding items, AllianceBernstein Holding L.P. reported adjusted earnings of $66.94 million or $0.69 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $850.18 million from $812.15 million last year.

AllianceBernstein Holding L.P. earnings at a glance:

-Earnings (Q3): $66.94 Mln. vs. $48.27 Mln. last year. -EPS (Q3): $0.69 vs. $0.51 last year. -Analysts Estimate: $0.62 -Revenue (Q3): $850.18 Mln vs. $812.15 Mln last year.