Ameriprise Finl Q4 Adj EPS $7.75 Beats $7.69 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ameriprise Financial, Inc. (NYSE:AMP) reported Q4 adjusted earnings per share (EPS) of $7.75, surpassing the analyst consensus estimate of $7.69 by 0.78%. This represents an 11.67% increase from the $6.94 EPS reported in the same quarter of the previous year.
January 24, 2024 | 9:15 pm
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Ameriprise Financial reported a positive earnings surprise with Q4 adjusted EPS of $7.75, exceeding estimates and showing a significant year-over-year growth.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. The 11.67% year-over-year growth in EPS is a strong indicator of the company's financial health and performance, which may further bolster investor confidence.
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IMPORTANCE 90
RELEVANCE 100