AllianceBernstein Holding LP Fourth Quarter Earnings Sneak Peek

AllianceBernstein Holding LP (NYSE:AB) will unveil its latest earnings on Friday, February 10, 2012. AllianceBernstein Holding provides research, investment management, and related services globally to a range of clients.

AllianceBernstein Holding LP Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 22 cents per share, a decline of 47.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 27 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 23 cents during the last month. Analysts are projecting profit to rise by 23% versus last year to $1.24.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported profit of 30 cents per share against a mean estimate of net income of 27 cents per share. In the second quarter, it missed forecasts by 5 cents.

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Wall St. Revenue Expectations: On average, analysts predict $650.4 million in revenue this quarter, a decline of 16.4% from the year ago quarter. Analysts are forecasting total revenue of $2.78 billion for the year, a decline of 5.8% from last year’s revenue of $2.95 billion.

Analyst Ratings: Analysts are bearish on AllianceBernstein as four analysts rate it as a sell, none rate it as a buy and three rate it as a hold.

A Look Back: In the third quarter, profit rose more than twofold to $27 million (26 cents a share) from $12.2 million (12 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 80.2% to $34.1 million from $18.9 million.

Key Stats:

The company has seen net income rise in two straight quarters. In the second quarter, profit rose 11.8%.

The company’s revenue has risen for two straight quarters. In the second quarter, the figure rose 9.8%.

Stock Price Performance: During December 7, 2011 to February 6, 2012, the stock price had risen $2.99 (22.3%) from $13.38 to $16.37. The stock price saw one of its best stretches over the last year between August 16, 2011 and August 24, 2011 when shares rose for seven-straight days, rising 7.1% (+99 cents) over that span. It saw one of its worst periods between March 4, 2011 and March 16, 2011 when shares fell for nine-straight days, falling 11% (-$2.44) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com