AllianceBernstein earnings exceeded analyst expectations in the third quarter of 2026, although revenue fell short. The investment manager reported non-GAAP earnings per share of $0.88 and revenue of $904.25 million on October 27.

Key Takeaways

  • Non-GAAP earnings per share beat forecasts by $0.03, while revenue missed expectations by $9.58 million.
  • The firm recorded $6.6 billion in net inflows during the quarter.

AllianceBernstein earnings beat forecasts

The $904.25 million revenue figure was up 2.2% from a year earlier but below analyst expectations. The earnings and revenue surprises measure performance against forecasts, while the growth figure compares revenue with the same quarter a year earlier.

AllianceBernstein also recorded $6.6 billion in net inflows during the quarter.

Separate net revenue figure rises

A separate net revenue figure rose 8% year over year to $1.2 billion, primarily driven by higher performance and advisory fees. Lower distribution revenues and investment losses partly offset those gains.

The available information does not explain how the $1.2 billion net revenue figure relates to the $904.25 million revenue figure used in the analyst comparison.

AllianceBernstein is a global investment manager serving institutional, retail and private wealth clients across equity, fixed income, multi-asset and alternative strategies.

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