A rise in expenses hurts AMP's Q3 earnings, while higher revenues and AUM and AUA balances offer some support.
While the top- and bottom-line numbers for Ameriprise (AMP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ameriprise Financial Services (AMP) came out with quarterly earnings of $8.83 per share, missing the Zacks Consensus Estimate of $8.91 per share. This compares to earnings of $7.68 per share a year ago.
Does Ameriprise Financial Services (AMP) have what it takes to be a top stock pick for momentum investors? Let's find out.
A decent increase in AUM balance driven by inflows is expected to have supported AMP's Q3 earnings.
Beyond analysts' top -and-bottom-line estimates for Ameriprise (AMP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Ameriprise (AMP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Ameriprise Financial Services (AMP) and American Express (AXP) have performed compared to their sector so far this year.
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Ameriprise (AMP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Ameriprise Financial points to growth in advisors and assets managed, which should drive fees revenue as expense growth has been under 1%. A macro environment of Fed rate cuts should lower interest expenses, and the firm has seen declining debt and a debt-to-equity in line with key peers. Undervalued to peers, the firm also was able to grow positive cashflow and grow dividends steadily over 10 years.
Ameriprise (AMP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.