Ameriprise Financial Earnings Preview: Analyts Expect Rising Revenue from Prior Quarter

Comments
Loading...

Ameriprise Financial AMP unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement.

Earnings and Revenue:

Analysts are predicting an EPS reading of $1.34 per share and revenues of $2.7 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of $1.10 per share on revenues of $2.58 billion. We'll have to wait for Wednesday to see if Ameriprise Financial reports a rise in EPS and revenue from the year-ago quarter, as analysts are expecting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $1.33 $1.30 $1.07 $0.77
EPS Actual $1.35 $1.21 $1.37 $1.10

Stock Performance:

Shares of Ameriprise Financial were trading at $55.31 as of July 21, 2011. Shares are down 3.2% year to date. For a full 12 months, the return has risen by 10.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Ameriprise Financial is a Hold.

Competitors:

Wondering how Ameriprise Financial compares to rivals in the same sector? Here are a few of the company's peers.
  • TD AMERITRADE AMTD: Hold with a $0.27 recent quarter EPS
  • Bank of America BAC: Hold with a -$0.90 recent quarter EPS
  • LPL Investment Holdings LPLA: Hold with a $0.52 recent quarter EPS
  • MetLife MET: Moderate Buy with a $1.33 recent quarter EPS

Ameriprise Financial is in the finance-investment management industry, which has experienced price/earnings growth of 1.2%.

Finally, a description of the company's main areas of operation: Ameriprise Financial provides financial planning, products and services through its subsidiaries. The company offers solutions for its clients' cash and liquidity, asset accumulation, income, protection and estate and wealth transfer needs.

Take Action:

That's your advanced look at Ameriprise Financial's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

  • To see up-to-date news on Ameriprise Financial, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!