Ameriprise Finl's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Ameriprise Financial (NYSE:AMP) is scheduled to release its quarterly earnings report on January 24, 2024. Analysts predict an EPS of $7.69. Investors are looking for an earnings beat and positive guidance for future growth. Historically, AMP's stock price has reacted to past earnings performances and guidance. Last quarter, AMP beat the EPS estimate by $0.11, leading to a 3% stock price increase the following day. Over the past year, AMP shares have risen 12.37%, with long-term shareholders optimistic ahead of the earnings release.
January 23, 2024 | 4:01 pm
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Ameriprise Financial is anticipated to report an EPS of $7.69 in its upcoming earnings, with investors looking for a beat and positive future guidance. Historical data shows stock price sensitivity to earnings outcomes and guidance.
Given the historical positive reaction to earnings beats and the overall 12.37% increase in stock price over the past year, there is a high likelihood of a positive short-term impact on AMP's stock price if the company reports a beat and provides favorable guidance. However, the market's reaction can be unpredictable and may also hinge on broader market conditions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100