WASHINGTON (dpa-AFX) - Ameriprise Financial Inc. (AMP) reported earnings for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $1.060 billion, or $10.73 per share. This compares with $829 million, or $8.02 per share, last year.
Excluding items, Ameriprise Financial Inc. reported adjusted earnings of $900 million or $9.11 per share for the period.
Analysts on average had expected the company to earn $9.00 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.7% to $4.375 billion from $4.220 billion last year.
Ameriprise Financial Inc. earnings at a glance (GAAP) :
-Earnings: $1.060 Bln. vs. $829 Mln. last year. -EPS: $10.73 vs. $8.02 last year. -Revenue: $4.375 Bln vs. $4.220 Bln last year.
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