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0 0 0.000653077743846385 0.000929026086316633 0.00662276021928699 0.00932705397549567 0.00353213878361963 0.00353213878361963
Stock impact report

Ameriprise Financial (AMP) Q4 Earnings Beat Expectations With $10.83 Adjusted EPS [Yahoo! Finance]

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
Company Research Source: Yahoo! Finance
its fourth-quarter earnings results, with adjusted earnings per share of $10.83, exceeding market expectations of $10.30, owing to robust asset growth and expense management. At the same time, revenue for the quarter came in at $4.96 billion, beating the average forecast of $4.77 billion, representing a 10% year-over-year growth. The company's Advice & Wealth Management division reported pretax adjusted operating earnings of $926 million, a 13% increase with an overall margin of 29.3%. Meanwhile, total client assets rose by 13% to a new high of $1.2 trillion, with robust client flows of $13.3 billion. Moreover, during the quarter, the company strengthened its capacity to generate free cash flow by raising its return of capital to shareholders to $1.1 billion, or 101% of adjusted operating earnings. Ameriprise Financial, Inc. (NYSE:AMP) is a diversified financial services firm based in Minneapolis, Minnesota, founded in 1894. It offers wealth and asset management, financial plann Show less Read more
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