Ameriprise Financial Inc. (AMP) released a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $912 million, or $9.33 per share. This compares with $511 million, or $5.00 per share, last year.
Excluding items, Ameriprise Financial Inc. reported adjusted earnings of $970 billion or $9.87 per share for the period.
Analysts on average had expected the company to earn $9.76 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 9.0% to $4.791 billion from $4.397 billion last year.
Ameriprise Financial Inc. earnings at a glance (GAAP) :
-Earnings: $912 Mln. vs. $511 Mln. last year.-EPS: $9.33 vs. $5.00 last year.-Revenue: $4.791 Bln vs. $4.397 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.