Jul. 24 at 4:17 PM
$AMP Q2 earnings surprise!
Ameriprise Financial reported adjusted operating earnings of
$9.11 per share, surpassing the Zacks Consensus Estimate of
$9. This reflects a 7% increase from last year, with AUM and AUA hitting a record
$1.58 trillion. However, elevated expenses, mainly due to tech upgrades, remain a concern.
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2612988/ameriprise-q2-earnings-beat-on-higher-revenues-aum-growth?cid=sm-stocktwits-2-2612988-body-3681&ADID=SYND_STOCKTWITS_TWEET_2_2612988_BODY_3681