Ameriprise Financial Earnings Preview: Analysts Expect Rising Revenue, Falling EPS

Ameriprise Financial (NYSE: AMP) releases its next round of earnings this Wednesday, October 26, 2011. Get prepared with Benzinga's ultimate preview for Ameriprise Financial's third quarter earnings.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of $1.24/share and revenues of $2.51 billion. Ameriprise Financial's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $1.37/share on revenues of $2.43 billion. We'll have to wait for Wednesday to see if Ameriprise Financial reports a decline in EPS and a boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

As of October 20, 2011, Ameriprise Financial's current share price was $41.70. Since January 1st, shares of Ameriprise Financial have declined 26.7%. For a full 12 months, the return has declined by 14.8%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

• Long-term shareholders are already wary of 12-month losses prior to the announcement

Average Stock Rating:

The average rating by analysts for Ameriprise Financial is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Ameriprise Financial's peers.

• TD AMERITRADE (NASDAQ: AMTD): Hold with a $0.27 recent quarter EPS
• Bank of America (NYSE: BAC): Hold with a $0.28 recent quarter EPS
• LPL Investment Holdings (NASDAQ: LPLA): Hold with a $0.50 recent quarter EPS
• FINANCIAL ENGINES (FNGN): Strong Buy with a $0.07 recent quarter EPS

Ameriprise Financial is in the finance-investment management industry, which has experienced price/earnings growth of 1.1%.

Finally, a description of the company's main areas of operation: Ameriprise Financial provides financial planning, products, and services through its subsidiaries. The company offers solutions for its clients' cash and liquidity, asset accumulation, income protection, and estate and wealth transfer needs.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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