Ameriprise Financial Inc reports results for the quarter ended December 31 - Earnings Summary

Ameriprise Financial

29/01/2025 22:53

* Ameriprise Financial Inc  AMP.N  reported quarterly
adjusted
earnings of $9.36​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $7.20.  The mean expectation of twelve analysts
for the quarter was for earnings of $9.05 per share. Wall Street
expected results to range from $8.64  to $9.20 per share.
    * Revenue rose 11.8% to $4.46 billion from a year ago;
analysts
expected $4.45 billion. 
    * Ameriprise Financial Inc's reported EPS for the quarter
was
$10.58​.
    * The company reported quarterly net income of $1.07
billion.
    * Ameriprise Financial Inc shares had risen by 7.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, nine analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for Ameriprise
Financial Inc is $570.00 
This summary was machine generated from LSEG data January 29 at
10:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      9.05           9.36           Beat
 Sep. 30 2024      8.92           8.10           Missed
 Jun. 30 2024      8.53           8.72           Beat
 Mar. 31 2024      8.20           8.39           Beat