Investing.com - Ameriprise Financial reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ameriprise Financial announced earnings per share of $5.86 on revenue of $3.5B. Analysts polled by Investing.com anticipated EPS of $5.48 on revenue of $3.49B.
Ameriprise Financial shares are up 5% from the beginning of the year and are trading at $297.31 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18.21% from the start of the year.
Ameriprise Financial shares lost 0.02% in after-hours trade the report.
Ameriprise Financial follows other major Financial sector earnings this month
Ameriprise Financial's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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