Now here’s increased earning power over time: back in mid-80s, AB oper margin (adjusted for non-cash expenses) about 15%, but in 2002 it was about 28%, Credit Suisse chart showed. So AB’s oper margin almost doubled in last 20 yrs. Don’t think many...
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AB Margin Expansion Over Long Haul
Publishing Info
- Newsletter: INSIGHTS Express
- Published: 03/18/2003
- Volume: 5
- Issue #: 11