Ameriprise Financial (AMP) Tops Q4 EPS by 12c

Ameriprise Financial (NYSE: AMP) reported Q4 EPS of $2.47, $0.12 better than the analyst estimate of $2.35.

“While the global economic and market environment continued to present headwinds, Ameriprise delivered a solid fourth quarter,” said Jim Cracchiolo, chairman and chief executive officer. “Increased volatility and investor concerns reinforce the importance of the advice and solutions Ameriprise provides to our clients.”

“Our diversified business and financial foundation provide the strength and flexibility to serve our clients, invest through market cycles and return capital to shareholders. In fact, for the fifth consecutive year we returned more than 100 percent of our operating earnings to shareholders. And we delivered a record high operating return on equity of 24.3 percent.”

For earnings history and earnings-related data on Ameriprise Financial (AMP) click here.

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