Ameriprise Finl's Earnings: A Preview

Ameriprise Finl (NYSE:AMP) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.

Analysts estimate that Ameriprise Finl will report an earnings per share (EPS) of $8.83.

Ameriprise Finl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.19, leading to a 4.11% increase in the share price on the subsequent day.

Here's a look at Ameriprise Finl's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

8.53

8.20

7.69

7.57

EPS Actual

8.72

8.39

7.75

7.68

Price Change %

4.0%

-3.0%

0.0%

3.0%

Market Performance of Ameriprise Finl's Stock

Shares of Ameriprise Finl were trading at $522.64 as of October 21. Over the last 52-week period, shares are up 69.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Ameriprise Finl

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ameriprise Finl.

A total of 6 analyst ratings have been received for Ameriprise Finl, with the consensus rating being ...