Investing.com - Ameriprise Financial (NYSE:AMP) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ameriprise Financial announced earnings per share of $5.98 on revenue of $3.66B. Analysts polled by Investing.com anticipated EPS of $5.88 on revenue of $3.71B.
Ameriprise Financial shares are down 18% from the beginning of the year and are trading at $280.96 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.8% from the start of the year.
Ameriprise Financial shares lost 0.28% in after-hours trade after the report.
Ameriprise Financial follows other major Financial sector earnings this month
Ameriprise Financial's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar