Why Is Ameriprise (AMP) Up 13.1% Since Last Earnings Report?

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It has been about a month since the last earnings report for Ameriprise Financial Services (AMP). Shares have added about 13.1% in that time frame, outperforming the S&P 500. Will the recent positive ...

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Shares have added about 13.1% in that time frame, outperforming the S&P 500.\nWill the recent positive ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-ameriprise-amp-13-1-163057430.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Ameriprise (AMP) Up 13.1% Since Last Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Ameriprise (AMP) Up 13.1% Since Last Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-23 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-ameriprise-amp-13-1-163057430.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been about a month since the last earnings report for Ameriprise Financial Services (AMP). Shares have added about 13.1% in that time frame, outperforming the S&P 500.\nWill the recent positive ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-ameriprise-amp-13-1-163057430.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMP","symbol_name":"阿莫斯莱斯金融","start_time":0,"source_url":"https://finance.yahoo.com/news/why-ameriprise-amp-13-1-163057430.html","article_id":"2485292095","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wXNaNKXxuWlbebD.cUCv9g--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f541c90e0d995722d10914cb76a7c653"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485292095","pubTimestamp":1732293057,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"It has been about a month since the last earnings report for Ameriprise Financial Services . Shares have added about 13.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Ameriprise due for a pullback?Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Ameriprise's Q3 Earnings Lag on Higher Expenses, Revenues & AUM Rise. Ameriprise Financial’s 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, third-quarter adjusted operating earnings were $9.02 per share.Results were adversely impacted by an increase in expenses. However, revenue growth and higher AUM and AUA balances acted as tailwinds.After considering ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AMP":"阿莫斯莱斯金融"},"translate_title":"为什么Ameriprise(AMP)自上次收益报告以来上涨了13.1%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMP":1},"content_text":"It has been about a month since the last earnings report for Ameriprise Financial Services (AMP). Shares have added about 13.1% in that time frame, outperforming the S&P 500.\nWill the recent positive trend continue leading up to its next earnings release, or is Ameriprise due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. \nAmeriprise's Q3 Earnings Lag on Higher Expenses, Revenues & AUM Rise\nAmeriprise Financial’s 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, third-quarter adjusted operating earnings were $9.02 per share.Results were adversely impacted by an increase in expenses. However, revenue growth and higher AUM and AUA balances acted as tailwinds.After considering significant items, net income (GAAP basis) was $511 million or $5.00 per share, down from $872 million or $8.14 per share in the prior-year quarter. Our estimate for net income (GAAP basis) was $919.1 million.\nAdjusted Revenues Improve, Expenses Rise\nAdjusted operating total net revenues were $4.35 billion, up 11% year over year. Also, the top line beat the Zacks Consensus Estimate of $4.31 billion.Total GAAP net revenues were $4.4 billion, up 12% year over year.Adjusted operating expenses totaled $3.3 billion, rising 11%. We had projected adjusted expenses of $3.05 billion. Adjusted operating total net expenses, excluding unlocking and severance expenses, were $3.19 billion.Total AUM and AUA increased 22% year over year to $1.51 trillion. The rise reflected strong client net inflows and market appreciation. Our estimate for the metric was $1.41 trillion.\nUpdate on Share Repurchases\nAmeriprise repurchased 1.3 million shares for $563 million in the reported quarter.\nOutlook\nManagement expects net interest income in 2024 to be higher than in 2023.\nHow Have Estimates Been Moving Since Then?\nIt turns out, estimates revision have trended downward during the past month.\nVGM Scores\nAt this time, Ameriprise has an average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.\nOverall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.\nOutlook\nEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Ameriprise has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.\nPerformance of an Industry Player\nAmeriprise belongs to the Zacks Financial - Investment Management industry. Another stock from the same industry, Invesco (IVZ), has gained 0.3% over the past month. More than a month has passed since the company reported results for the quarter ended September 2024.\nInvesco reported revenues of $1.1 billion in the last reported quarter, representing a year-over-year change of +0.6%. EPS of $0.44 for the same period compares with $0.35 a year ago.\nInvesco is expected to post earnings of $0.48 per share for the current quarter, representing a year-over-year change of +2.1%. Over the last 30 days, the Zacks Consensus Estimate has changed +2.3%.\nThe overall direction and magnitude of estimate revisions translate into a Zacks Rank #2 (Buy) for Invesco. Also, the stock has a VGM Score of C.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAmeriprise Financial, Inc. (AMP) : Free Stock Analysis Report\nInvesco Ltd. (IVZ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485292095"}