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Earnings Preview: Ameriprise
Published on Tuesday, 31 January 2012 11:24 Written by Christopher Lynn
New York, January 31st (TradersHuddle.com) - Shares of Ameriprise Financial, Inc. (NYSE:AMP) are trading lower by -0.24% ahead of its
quarterly earnings release. Ameriprise, the financial planning firm is expected to release its quarterly results on January 1st.
Wall Street Analysts consensus calls for a profit of $1.39 a share on $2.53 billion revenue.
Ameriprise estimates have a range of $0.17 a share. The high estimate calls for profit of $1.49 a share and the low estimate is calling for a profit of $1.32 a share, a year ago for the quarter the company reported $1.21 a share.
Ameriprise Financial, Inc. (NYSE:AMP) 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. The company is headquartered in Minneapolis, Minnesota and operates independently of American Express Company as of September 30, 2005.
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