Ameriprise Financial Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Ameriprise Financial (NYSE:AMP) will unveil its latest earnings tomorrow, Wednesday, January 30, 2013. Ameriprise Financial provides financial planning, products, and services through its subsidiaries. The company offers solutions for its clients’ cash and liquidity, asset accumulation, income protection, and estate and wealth transfer needs.

Ameriprise Financial Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.48 per share, a rise of 11.3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.55. Between one and three months ago, the average estimate moved down. It also has dropped from $1.51 during the last month. For the year, analysts are projecting profit of $5.37 per share, a rise of 7.4% from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported net income of $1.32 per share against a mean estimate of profit of $1.29 per share. In the second quarter, it missed forecasts by 20 cents.

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A Look Back: In the third quarter, profit fell 36.6% to $173 million (79 cents a share) from $273 million ($1.13 a share) the year earlier, but exceeded analyst expectations. Revenue rose 0.5% to $2.48 billion from $2.47 billion.

Here’s how Ameriprise Financial traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: