Ameriprise Q2/H1 2024: A Repeat Of 2023?

J. Michael Jones Minneapolis-headquartered Ameriprise Financial, Inc (NYSE:AMP) - itself spun out of American Express which then went on to acquire the long-term asset management business of Bank of America, among others - specializes in long-term financial planning services for affluent clients. Its earnings release for Q2 made on the 25th of July beat the Zack's Consensus Estimate of $8.51 per share by$0.02. However, revenue missed estimates by 0.35, posting revenues of $4.17 billion for the quarter. It ...