Core Viewpoint - Ameriprise Financial Services (AMP) is expected to report quarterly earnings of $10.29 per share, a 9.9% increase year-over-year, with revenues projected at $4.71 billion, reflecting a 5.5% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.8% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between these revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenues- Management and financial advice fees' to reach $2.89 billion, a year-over-year increase of 6.6% [5]. - 'Revenues- Distribution fees' are expected to be $556.53 million, up 3.8% from the previous year [5]. - 'Revenues- Net investment income' is estimated at $841.41 million, indicating a decline of 5.7% year-over-year [5]. - 'Revenues- Premiums, policy and contract charges' are forecasted at $411.59 million, reflecting an 8.6% increase [6]. - 'Revenues- Other revenues' are expected to be $134.69 million, a 6.1% increase from the year-ago quarter [6]. Assets Under Management - Total Assets Under Management (AUM) is projected to be $1.29 billion, up from $1.17 billion year-over-year [6]. - Total Assets Under Administration is expected to reach $349.71 million, compared to $317.16 million in the same quarter last year [7]. - Total Assets Under Management and Administration is estimated at $1.63 billion, up from $1.52 billion year-over-year [7]. - Total Assets Under Management - Asset Management AUM is projected at $676.38 million, compared to $644.91 million last year [8]. - Total Client Assets at period end are expected to reach $1,177.36 billion, up from $1,028.94 billion year-over-year [9]. Stock Performance - Ameriprise shares have increased by 0.6% over the past month, compared to a 0.4% increase in the Zacks S&P 500 composite [10].
Unveiling Ameriprise (AMP) Q4 Outlook: Wall Street Estimates for Key Metrics