Ameriprise's Q4 Earnings Beat on Higher Revenues & AUM, Expenses Rise

Ameriprise Financial’s (AMP) fourth-quarter 2024 adjusted operating earnings of $9.36 per share handily surpassed the Zacks Consensus Estimate of $8.94. The bottom line reflected a rise of 30% from the year-ago quarter. Excluding other notable items, adjusted operating earnings were $9.54 per share.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from higher revenues and a solid improvement in assets under management (AUM) and assets under administration (AUA) balances. ...