Ameriprise Financial, Inc. (AMP)
Ameriprise Financial, Inc. (AMP) Q3 2024 Earnings Call Transcript
Ameriprise Financial, Inc. (NYSE:AMP ) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Alicia Charity - Senior Vice President, Investor Relations Jim Cracchiolo - Chairman and Chief Executive Officer Walter Berman - Chief Financial Officer Conference Call Participants Suneet Kamath - Jefferies Alex Blostein - Goldman Sachs Wilma Burdis - Raymond James Steven Chubak - Wolfe Research Craig Siegenthaler - Bank of America Thomas Gallagher - Evercore ISI Kenneth Lee - RBC Capital Markets Ryan Krueger - KBW Michael Cyprus - Morgan Stanley John Barnidge - Piper Sandler Brennan Hawken - UBS Operator Welcome to the Q3 2024 Earnings Call. My name is Audra and I will be your operator for today's call.
Ameriprise's Q3 Earnings Lag on Higher Expenses, Revenues & AUM Rise
A rise in expenses hurts AMP's Q3 earnings, while higher revenues and AUM and AUA balances offer some support.
Ameriprise (AMP) Reports Q3 Earnings: What Key Metrics Have to Say
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) Misses Q3 Earnings Estimates
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.
Ameriprise Financial Services (AMP) is a Great Momentum Stock: Should You Buy?
Does Ameriprise Financial Services (AMP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Growth in AUM to Support Ameriprise This Earnings Season
A decent increase in AUM balance driven by inflows is expected to have supported AMP's Q3 earnings.
Ameriprise (AMP) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
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 Financial Services (AMP) Earnings Expected to Grow: Should You Buy?
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.
Are Finance Stocks Lagging Ameriprise Financial (AMP) This Year?
Here is how Ameriprise Financial Services (AMP) and American Express (AXP) have performed compared to their sector so far this year.
Why Ameriprise Financial Services (AMP) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Ameriprise Financial, Inc. (AMP) Hit a 52 Week High, Can the Run Continue?
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: Advisor And Asset-Based Fees To Drive Further Growth While Costs Are Low
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.
