Ameriprise Finl's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Ameriprise Financial (NYSE:AMP) is set to release its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $8.83. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Ameriprise has shown mixed price reactions post-earnings. The stock is up 69.08% over the past year, but analysts have a Neutral rating with a price target suggesting a potential downside.
October 22, 2024 | 5:01 pm
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Ameriprise Financial is expected to report an EPS of $8.83. Investors are looking for an earnings beat and positive guidance. The stock has risen 69.08% over the past year, but analysts have a Neutral rating with a price target indicating a potential downside.
The upcoming earnings report is crucial for Ameriprise Financial as it will reveal whether the company meets or exceeds the EPS estimate of $8.83. Historical data shows mixed stock price reactions to earnings results, with guidance playing a significant role. The stock's strong performance over the past year suggests investor optimism, but the Neutral analyst rating and price target indicating a potential downside could temper expectations.
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