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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