AllianceBernstein Holding AB is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect AllianceBernstein Holding to report an earnings per share (EPS) of $0.72.
The announcement from AllianceBernstein Holding is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Past Earnings Performance
In the previous earnings release, the company beat EPS by $0.05, leading to a 0.0% drop in the share price the following trading session.
Here's a look at AllianceBernstein Holding's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.66 | 0.71 | 0.63 | 0.62 |
EPS Actual | 0.71 | 0.73 | 0.77 | 0.65 |
Price Change % | 2.0% | -0.0% | 1.0% | -0.0% |
Performance of AllianceBernstein Holding Shares
Shares of AllianceBernstein Holding were trading at $37.91 as of October 22. Over the last 52-week period, shares are up 32.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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