Ameriprise Financial Inc expected to post earnings of $8.53 a share - Earnings Preview

Ameriprise Financial

22/07/2024 21:34

* Ameriprise Financial Inc  AMP.N   AMP  is expected to show
a
rise in quarterly revenue when it reports  results on July 24
for the period ending June 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
8.1% increase in revenue to $4.19 billion from $3.88 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data. (Sales/Revenue majority basis is on Adjusted
Operating Total Net Revenues)
    * ​LSEG's mean analyst estimate for Ameriprise Financial Inc
is
for earnings of $8.53 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ameriprise
Financial Inc is $485.00​, above​ its last closing price
of $410.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  8.21        8.20       8.39      Beat    2.3
 Dec. 31 2024  7.71        7.70       7.20      Missed  -6.5
 Jan. 1 0001   7.58        7.56       6.96      Missed  -8​
 Jan. 1 0001   7.37        7.38       7.44      Beat    0.8
 ​​Mar.        7.26        7.21       7.25      Beat    0.6
 31 2023                                                
 Sep. 30 2022  6.51        6.48       6.94      Beat    7.1​
 Sep. 30 2022  5.87        5.85       6.43      Beat    10
 Jun. 30 2022  5.48        5.56       5.81      Beat    4.5
 This summary was machine generated July 22 at 20:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)