We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unveiling Ameriprise (AMP) Q4 Outlook: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
In its upcoming report, Ameriprise Financial Services (AMP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $10.29 per share, reflecting an increase of 9.9% compared to the same period last year. Revenues are forecasted to be $4.71 billion, representing a year-over-year increase of 5.5%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Ameriprise metrics that are commonly tracked and projected by analysts on Wall Street.
It is projected by analysts that the 'Revenues- Management and financial advice fees' will reach $2.89 billion. The estimate suggests a change of +6.6% year over year.
The consensus among analysts is that 'Revenues- Distribution fees' will reach $556.53 million. The estimate points to a change of +3.8% from the year-ago quarter.
The average prediction of analysts places 'Revenues- Net investment income' at $841.41 million. The estimate indicates a year-over-year change of -5.7%.
Analysts predict that the 'Revenues- Premiums, policy and contract charges' will reach $411.59 million. The estimate points to a change of +8.6% from the year-ago quarter.
Analysts expect 'Revenues- Other revenues' to come in at $134.69 million. The estimate points to a change of +6.1% from the year-ago quarter.
According to the collective judgment of analysts, 'Total Assets Under Management' should come in at $1.29 billion. The estimate compares to the year-ago value of $1.17 billion.
The combined assessment of analysts suggests that 'Total Assets Under Administration' will likely reach $349.71 million. Compared to the current estimate, the company reported $317.16 million in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Assets Under Management and Administration' of $1.63 billion. Compared to the present estimate, the company reported $1.52 billion in the same quarter last year.
The consensus estimate for 'Total Assets Under Management - Asset Management AUM' stands at $676.38 million. The estimate compares to the year-ago value of $644.91 million.
Based on the collective assessment of analysts, 'AWM - Total Wrap Accounts - Total wrap ending assets' should arrive at $661.74 billion. Compared to the current estimate, the company reported $573.88 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Total Assets Under Management - Advice & Wealth Management AUM' reaching $653.09 million. The estimate is in contrast to the year-ago figure of $570.06 million.
Analysts forecast 'AWM - Total Client Assets (at period end)' to reach $1177.36 billion. The estimate compares to the year-ago value of $1028.94 billion.
Shares of Ameriprise have experienced a change of +0.6% in the past month compared to the +0.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AMP is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unveiling Ameriprise (AMP) Q4 Outlook: Wall Street Estimates for Key Metrics
In its upcoming report, Ameriprise Financial Services (AMP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $10.29 per share, reflecting an increase of 9.9% compared to the same period last year. Revenues are forecasted to be $4.71 billion, representing a year-over-year increase of 5.5%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Ameriprise metrics that are commonly tracked and projected by analysts on Wall Street.
It is projected by analysts that the 'Revenues- Management and financial advice fees' will reach $2.89 billion. The estimate suggests a change of +6.6% year over year.
The consensus among analysts is that 'Revenues- Distribution fees' will reach $556.53 million. The estimate points to a change of +3.8% from the year-ago quarter.
The average prediction of analysts places 'Revenues- Net investment income' at $841.41 million. The estimate indicates a year-over-year change of -5.7%.
Analysts predict that the 'Revenues- Premiums, policy and contract charges' will reach $411.59 million. The estimate points to a change of +8.6% from the year-ago quarter.
Analysts expect 'Revenues- Other revenues' to come in at $134.69 million. The estimate points to a change of +6.1% from the year-ago quarter.
According to the collective judgment of analysts, 'Total Assets Under Management' should come in at $1.29 billion. The estimate compares to the year-ago value of $1.17 billion.
The combined assessment of analysts suggests that 'Total Assets Under Administration' will likely reach $349.71 million. Compared to the current estimate, the company reported $317.16 million in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Assets Under Management and Administration' of $1.63 billion. Compared to the present estimate, the company reported $1.52 billion in the same quarter last year.
The consensus estimate for 'Total Assets Under Management - Asset Management AUM' stands at $676.38 million. The estimate compares to the year-ago value of $644.91 million.
Based on the collective assessment of analysts, 'AWM - Total Wrap Accounts - Total wrap ending assets' should arrive at $661.74 billion. Compared to the current estimate, the company reported $573.88 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Total Assets Under Management - Advice & Wealth Management AUM' reaching $653.09 million. The estimate is in contrast to the year-ago figure of $570.06 million.
Analysts forecast 'AWM - Total Client Assets (at period end)' to reach $1177.36 billion. The estimate compares to the year-ago value of $1028.94 billion.
View all Key Company Metrics for Ameriprise here>>>Shares of Ameriprise have experienced a change of +0.6% in the past month compared to the +0.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AMP is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .