AUM Growth Likely to Support Ameriprise (AMP) in Q1 Earnings

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 ...