Ameriprise Financial Earnings Preview: Get Ahead of the Analysts

Ameriprise Financial (NYSE:AMP) will report earnings after markets close on Wednesday, July 24th. Ameriprise Financial, Inc. is a financial planning and services firm. The Company provides financial planning, products and services that are designed to be utilized as solutions for its clients’ cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs.

Here is your Cheat Sheet to Ameriprise Financial Earnings:

Earnings Expectations: Analysts expect earnings of $1.62 per share on revenues of $2.77 billion. Currently, the company’s P/E ratio stands at 16.70.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.67 to a profit $1.68. For the current year, the average estimate is a profit of $6.53, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ameriprise Financial has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,970 7,805 9,976 10,192 10,217
Diluted EPS ($) -0.17 2.95 4.28 4.37 4.62

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 2,514.00 2,468.00 2,674.00 2,691.00
Diluted EPS ($) 0.99 0.79 1.81 1.58

Past Performance:
Ameriprise Financial has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]