Ameriprise's Q3 Earnings Lag on Higher Expenses, Revenues & AUM Rise
AMPAmeriprise Financial(AMP) ZACKS·2024-10-24 21:11

Ameriprise Financial’s (AMP) third-quarter 2024 adjusted operating earnings of $8.83 per share lagged the Zacks Consensus Estimate of $8.91. The bottom line reflected a rise of 15% from the year-ago quarter's level. Excluding severance expenses, the third-quarter adjusted operating earnings were $9.02 per share.See the Zacks Earnings Calendar to stay ahead of market-making news.Results were adversely impacted by an increase in expenses. However, revenue growth and higher assets under management (AUM) and as ...