Investing.com - Ameriprise Financial (NYSE:AMP) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ameriprise Financial announced earnings per share of $4.53 on revenue of $3.18B. Analysts polled by Investing.com anticipated EPS of $4.52 on revenue of $3.1B.
Ameriprise Financial shares are up 3% from the beginning of the year, still down 6.04% from its 52 week high of $214.50 set on January 21. They are outperforming the S&P 500 which is down 0.14% from the start of the year.
Ameriprise Financial follows other major Financial sector earnings this month
Ameriprise Financial's report follows an earnings beat by JPMorgan on January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on January 20 with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.96B.
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