Ameriprise Financial Services (AMP) Beats Q3 Earnings and Revenue Estimates

Core Insights - Ameriprise Financial Services (AMP) reported quarterly earnings of $9.92 per share, exceeding the Zacks Consensus Estimate of $9.6 per share, and up from $8.83 per share a year ago, representing an earnings surprise of +3.33% [1] - The company achieved revenues of $4.61 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.01%, compared to $4.35 billion in the same quarter last year [2] - Ameriprise has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $9.97 on revenues of $4.66 billion, and for the current fiscal year, it is $38.22 on revenues of $17.83 billion [7] - The estimate revisions trend for Ameriprise was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The Financial - Investment Management industry, to which Ameriprise belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]