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Minneapolis, Minnesota-based Ameriprise Financial, Inc. (AMP) provides various financial products and services to individual and institutional clients in the U.S. and internationally. With a market cap of $45.1 billion, Ameriprise operates through Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other segments.
The asset manager is gearing up to announce its first-quarter results before the markets open on Thursday, Apr. 24. Ahead of the event, analysts expect AMP to report an adjusted EPS of $9.15, up 9.1% from $8.39 reported in the year-ago quarter. While AMP has surpassed the Street’s bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion.
