WASHINGTON (dpa-AFX) - Ameriprise Financial Inc. (AMP) reported that its first-quarter net income attributable to the company was $244 million or $1.05 per share, compared to $241 million or $0.94 per share in the prior year quarter.
Operating earnings for the quarter were $335 million, or $1.45 per share, compared to $344 million, or $1.33 per share, a year ago. On average, twelve analysts polled by Thomson Reuters expected the company to report earnings of $1.40 per share. Analysts' estimates typically exclude special items.
Total net revenues for the quarter rose to $2.56 billion from $2.53 billion in the comparable quarter last year, while seven analysts had a consensus revenue estimate of $2.63 billion for the quarter.
Copyright RTT News/dpa-AFX
© 2012 AFX News
