An increase in revenues and AUM balance supports AMP's Q1 earnings, while higher expenses act as a spoilsport.
The headline numbers for Ameriprise (AMP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ameriprise Financial Services (AMP) came out with quarterly earnings of $9.50 per share, beating the Zacks Consensus Estimate of $9.12 per share. This compares to earnings of $8.39 per share a year ago.
Despite subdued market performance, a decent rise in AUM balance, driven by inflows, is expected to have supported AMP's Q1 earnings.
Besides Wall Street's top -and-bottom-line estimates for Ameriprise (AMP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
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.
Ameriprise Financial, Inc. has a high-quality business model honed over 130 years. AMP just reported record setting Q4 2024 results, with EPS up +23% and AUM reaching $1.5 trillion, showcasing robust growth. The company has a best-in-class ROE of 52.7%, 19 years of dividend growth, and beats the S&P 500 benchmark over time.
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Ameriprise Financial, Inc. (NYSE:AMP ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Stephanie Rabe – Investor Relations Jim Cracchiolo – Chairman and Chief Executive Officer Walter Berman – Chief Financial Officer Conference Call Participants Suneet Kamath – Jefferies Brennan Hawken – UBS Financial Michael Anagnostakis – Wolfe Research John Barnidge – Piper Sandler Wilma Burdis – Raymond James Ryan Krueger – KBW Kenneth Lee – RBC Capital Markets Michael Cyprys – Morgan Stanley Operator Welcome to the Q4 2024 Earnings Call. My name is Mark, and I will be your operator for today's call.
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A rise in revenues and higher AUM and AUA balances support AMP's Q4 earnings.
Although the revenue and EPS for Ameriprise (AMP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.