AB Earnings Prediction
The chart below shows how AB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AB sees a -0.95% change in stock price 10 days leading up to the earnings, and a -0.14% change 10 days following the report. On the earnings day itself, the stock moves by -0.54%. This data can give you a slight idea of what to expect for the next quarter's release.
AB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
116.59M
31.71%
-14.51%
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
90.43%
1.07%
-3.04%
EPS
0.94
32.39%
-16.07%
No Data Available
AB Earnings Analysis
AllianceBernstein Holding LP Corporation (AB.N) Earnings Conference Call
Positive
Q4 2024 EPS Beat: AllianceBernstein reported Q4 2024 adjusted EPS of $1.05, exceeding expectations of $0.87, marking a 36% increase year-over-year.
Quarterly Revenue Increase: Net revenues for Q4 2024 reached $973 million, a 12% increase compared to the prior year, and full-year revenues totaled $3.5 billion, up 5% year-over-year.
Performance Fee Surge: Performance fees surged to $133 million in Q4 2024, an increase from the prior year, contributing to a full-year performance fee total of $227 million, which is an 80% increase year-over-year.
Q4 Operating Margin Improvement: The firm achieved a Q4 adjusted operating margin of 36.4%, up 720 basis points year-on-year, reflecting strong operating leverage and improved efficiency.
Private Markets AUM Growth: Private markets AUM grew to $70 billion by year-end 2024, up 14% from the previous year, with a target of reaching $90 billion to $100 billion by 2027.
Negative
Equity Outflows Decline: Active equity outflows totaled $7 billion in the fourth quarter and $24 billion throughout the year, indicating a significant decline in investor confidence in equity strategies.
Accelerated Institutional Redemptions: Institutional redemptions accelerated in the final quarter of the year, particularly in active equities, reflecting a challenging environment for equity investments.
Fixed Income Growth Trends: Despite a 9% annual organic growth rate in active fixed income, taxable flows moderated in the fourth quarter, particularly for the barbell American income strategy, indicating sensitivity to interest rate changes.
Fee Rate Decline: The firm-wide fee rate decreased to 39.8 basis points in Q4 2024, marginally lower than the previous quarter, suggesting potential pressure on revenue generation from fee-based services.
Rising Effective Tax Rate: The effective tax rate is expected to rise to 6% to 7% in 2025, indicating a potential increase in tax liabilities that could impact net earnings.
AB FAQs
How does AB typically perform around its earnings report dates?
Is AllianceBernstein Holding LP (AB) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AB Earning Call Sentiment
AllianceBernstein Holding L.P. (NYSE:AB) Q4 2024 Earnings Call Transcript
AB.N
-1.11%Positive
The earnings call summary reveals strong financial performance with significant EPS growth and improved operating margins, as well as optimistic guidance for future growth in private markets. Despite some concerns about market volatility and client demand fluctuations, the Q&A section highlights management's confidence in fixed income opportunities and private wealth growth. The market cap suggests a moderate reaction, leading to a positive prediction for stock price movement over the next two weeks.
