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Inflows, Higher AUM Balance Likely to Support Ameriprise's Q3 Earnings
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Key Takeaways
Ameriprise's Q3 earnings and revenues are projected to rise 16.9% and 9.1% y/y, respectively.
AMP's AUM and AUA are expected to grow 6.3% to $1.76T, supported by overall net inflows.
Ameriprise's fee income growth may aid Q3 results, while higher technology and hiring costs could weigh.
Ameriprise Financial, Inc. (AMP - Free Report) is slated to announce third-quarter 2026 results on Oct. 29, before market open. Its quarterly revenues and earnings are expected to have risen year over year.
In the last reported quarter, AMP’s earnings beat the Zacks Consensus Estimate. An increase in revenues, and higher assets under management (AUM) and assets under administration (AUA) balances acted as tailwinds. Conversely, an increase in expenses was a headwind.
Ameriprise has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 5.6%.
The Zacks Consensus Estimate for AMP’s management and financial advice fees (constituting more than 60% of total net revenues) is pegged at $3.18 billion, suggesting a 13.2% rise from the prior-year quarter’s reported number.
The consensus estimate for distribution fees of $582 million indicates a year-over-year increase of 8%. The consensus mark for other revenues of $141 million suggests 8.5% growth.
The consensus estimate for premiums, policy and contract charges is pegged at $380 million, implying a year-over-year rise of 22.9%.
Alternatively, the consensus estimate for net investment income of $836 million suggests a year-over-year decline of 9.1%.
Overall net inflows are expected to have driven the company’s total AUM and AUA balance. The Zacks Consensus Estimate for total AUM and AUA is pegged at $1.76 trillion, indicating a rise of 6.3% from the year-ago quarter’s actual.
While Ameriprise’s initiatives to focus on cost management have led to controlled general and administration expenses, overall costs are anticipated to have been elevated in the to-be-reported quarter due to those related to technology upgrades and hirings.
Earnings Whispers for Ameriprise
According to our proven model, the chances of Ameriprise beating the Zacks Consensus Estimate for earnings are low this time around. This is because it does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better, which is required to be confident of an earnings surprise call.
You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Earnings ESP: Ameriprise has an Earnings ESP of +0.38%.
Zacks Rank: The company currently carries a Zacks Rank #4 (Sell).
Ameriprise’s Q3 Earnings & Sales Estimates
The Zacks Consensus Estimate for the company’s quarterly earnings is pegged at $11.60 per share, which indicates a rise of 16.9% from the prior-year quarter’s actual. The consensus estimate has been unchanged over the past seven days.
The consensus estimate for total quarterly sales is pegged at $5.03 billion, which suggests a 9.1% year-over-year increase.
Finance Stocks Worth a Look
Here are a couple of finance stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:
Over the past seven days, the Zacks Consensus Estimate for HOOD’s quarterly earnings has been revised higher to 56 cents per share.
BGC Group, Inc. (BGC - Free Report) is scheduled to announce quarterly results on Nov. 5. The company currently has an Earnings ESP of +1.49% and a Zacks Rank #2 (Buy).
Quarterly earnings estimates for BGC have been unchanged at 34 cents per share over the past week.
View the Zacks #1 Rank List
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Inflows, Higher AUM Balance Likely to Support Ameriprise's Q3 Earnings
Key Takeaways
Ameriprise Financial, Inc. (AMP - Free Report) is slated to announce third-quarter 2026 results on Oct. 29, before market open. Its quarterly revenues and earnings are expected to have risen year over year.
In the last reported quarter, AMP’s earnings beat the Zacks Consensus Estimate. An increase in revenues, and higher assets under management (AUM) and assets under administration (AUA) balances acted as tailwinds. Conversely, an increase in expenses was a headwind.
Ameriprise has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 5.6%.
Ameriprise Financial, Inc. Price and EPS Surprise
Ameriprise Financial, Inc. price-eps-surprise | Ameriprise Financial, Inc. Quote
Q3 Estimates & Key Factors to Note for Ameriprise
The Zacks Consensus Estimate for AMP’s management and financial advice fees (constituting more than 60% of total net revenues) is pegged at $3.18 billion, suggesting a 13.2% rise from the prior-year quarter’s reported number.
The consensus estimate for distribution fees of $582 million indicates a year-over-year increase of 8%. The consensus mark for other revenues of $141 million suggests 8.5% growth.
The consensus estimate for premiums, policy and contract charges is pegged at $380 million, implying a year-over-year rise of 22.9%.
Alternatively, the consensus estimate for net investment income of $836 million suggests a year-over-year decline of 9.1%.
Overall net inflows are expected to have driven the company’s total AUM and AUA balance. The Zacks Consensus Estimate for total AUM and AUA is pegged at $1.76 trillion, indicating a rise of 6.3% from the year-ago quarter’s actual.
While Ameriprise’s initiatives to focus on cost management have led to controlled general and administration expenses, overall costs are anticipated to have been elevated in the to-be-reported quarter due to those related to technology upgrades and hirings.
Earnings Whispers for Ameriprise
According to our proven model, the chances of Ameriprise beating the Zacks Consensus Estimate for earnings are low this time around. This is because it does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better, which is required to be confident of an earnings surprise call.
You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Earnings ESP: Ameriprise has an Earnings ESP of +0.38%.
Zacks Rank: The company currently carries a Zacks Rank #4 (Sell).
Ameriprise’s Q3 Earnings & Sales Estimates
The Zacks Consensus Estimate for the company’s quarterly earnings is pegged at $11.60 per share, which indicates a rise of 16.9% from the prior-year quarter’s actual. The consensus estimate has been unchanged over the past seven days.
The consensus estimate for total quarterly sales is pegged at $5.03 billion, which suggests a 9.1% year-over-year increase.
Finance Stocks Worth a Look
Here are a couple of finance stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:
The Earnings ESP for Robinhood Markets (HOOD - Free Report) is +0.22% and it flaunts a Zacks Rank #1 (Strong Buy) at present. The company is expected to report third-quarter 2026 results on Oct. 27. You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past seven days, the Zacks Consensus Estimate for HOOD’s quarterly earnings has been revised higher to 56 cents per share.
BGC Group, Inc. (BGC - Free Report) is scheduled to announce quarterly results on Nov. 5. The company currently has an Earnings ESP of +1.49% and a Zacks Rank #2 (Buy).
Quarterly earnings estimates for BGC have been unchanged at 34 cents per share over the past week.