Ameriprise Financial Inc expected to post earnings of $8.92 a share - Earnings Preview

Ameriprise Financial

21/10/2024 23:03

* Ameriprise Financial Inc  AMP.N   AMP  is expected to show
a
rise in quarterly revenue when it reports  results on October 23
for the period ending September 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
9.8% increase in revenue to $4.308 billion from $3.93 billion a
year ago, according to the mean estimate from 7 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 $8.92 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Ameriprise
Financial Inc is $502.00​, below​ its last closing price
of $522.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  8.53        8.53       8.72      Beat    2.2
 Mar. 31 2024  8.21        8.20       8.39      Beat    2.3
 Dec. 31 2023  7.71        7.70       7.20      Missed  -6.5​
 Sep. 30 2023  7.58        7.56       6.96      Missed  -8
 ​​Jun.        7.37        7.38       7.44      Beat    0.8
 30 2023                                                
 Mar. 31 2023  7.26        7.21       7.25      Beat    0.6​
 Dec. 31 2022  6.51        6.48       6.94      Beat    7.1
 Sep. 30 2022  5.87        5.85       6.43      Beat    10
 This summary was machine generated October 21 at 22:03 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)