Ameriprise Financial(AMP)
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Ameriprise (AMP) Q1 Earnings Beat as Revenues & AUM Rise Y/Y
Zacks Investment Research· 2024-04-23 17:11
Ameriprise Financial’s (AMP) first-quarter 2024 adjusted operating earnings of $8.39 per share handily surpassed the Zacks Consensus Estimate of $8.10. The bottom line reflects a rise of 16% from the year-ago quarter.Results were aided by revenue growth, along with higher assets under management (AUM) and assets under administration (AUA) balances. However, an increase in expenses acted as a headwind.After considering significant items, net income (GAAP basis) was $990 million or $9.46 per share, up from $4 ...
Ameriprise Financial(AMP) - 2024 Q1 - Earnings Call Transcript
2024-04-23 17:11
Ameriprise Financial, Inc. (NYSE:AMP) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants Alicia Charity - Senior Vice President, Investor Relations James M. Cracchiolo - Chairman and Chief Executive Officer Walter S. Berman - Executive Vice President and Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Suneet Kamath - Jefferies Wilma Burdis - Raymond James Thomas Gallagher - Evercore ISI Ryan Krueger - KBW Alex Blostein - Goldman Sachs Craig Siegenthaler ...
Ameriprise Financial(AMP) - 2024 Q1 - Earnings Call Presentation
2024-04-23 13:08
Ameriprise Financial First Quarter 2024 Conference Call April 23, 2024 © 2024 Ameriprise Financial, Inc. All rights reserved. Forward-looking statements ...
Here's What Key Metrics Tell Us About Ameriprise (AMP) Q1 Earnings
Zacks Investment Research· 2024-04-22 23:01
For the quarter ended March 2024, Ameriprise Financial Services (AMP) reported revenue of $4.1 billion, up 10.9% over the same period last year. EPS came in at $8.39, compared to $7.25 in the year-ago quarter.The reported revenue represents a surprise of -1.53% over the Zacks Consensus Estimate of $4.16 billion. With the consensus EPS estimate being $8.10, the EPS surprise was +3.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
Ameriprise Financial(AMP) - 2024 Q1 - Quarterly Results
2024-04-22 20:13
Ameriprise Financial, Inc. Minneapolis, MN NYSE: AMP April 22, 2024 Ameriprise Financial Reports First Quarter 2024 Results, Raises Quarterly Dividend 10 Percent | --- | --- | --- | --- | |----------------------------|-----------|---------------------------|---------------| | Earnings Per Diluted Share | \nQ1 2024 | Return on Equity, ex AOCI | (1) \nQ1 2024 | | GAAP | $9.46 | GAAP | 48.1% | | Adjusted Operating | $8.39 | Adjusted Operating | 49.0% | | --- | --- | |------------------------------------------- ...
AUM Growth Likely to Support Ameriprise (AMP) in Q1 Earnings
Zacks Investment Research· 2024-04-18 17:10
Ameriprise Financial, Inc. (AMP) is scheduled to report first-quarter 2024 results on Apr 22, after market close. Its revenues and earnings in the to-be-reported quarter are anticipated to have increased on a year-over-year basis.In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate. Results were aided by growth in revenues, along with higher assets under management (AUM) and assets under administration (AUA) balances. However, an increase in expenses was a negative.Ame ...
Exploring Analyst Estimates for Ameriprise (AMP) Q1 Earnings, Beyond Revenue and EPS
Zacks Investment Research· 2024-04-17 14:21
Analysts on Wall Street project that Ameriprise Financial Services (AMP) will announce quarterly earnings of $8.10 per share in its forthcoming report, representing an increase of 11.7% year over year. Revenues are projected to reach $4.16 billion, increasing 12.6% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections ...
Ameriprise Financial Services (AMP) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-04-15 15:05
Wall Street expects a year-over-year increase in earnings on higher revenues when Ameriprise Financial Services (AMP) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Ameriprise (AMP): Strong Industry, Solid Earnings Estimate Revisions
Zacks Investment Research· 2024-04-12 13:40
One stock that might be an intriguing choice for investors right now is Ameriprise Financial, Inc. (AMP) . This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably tak ...
Why Ameriprise Financial Services (AMP) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-10 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...