U.S. Markets closed
  • S&P 500

    3,629.65
    -5.76 (-0.16%)
     
  • Dow 30

    29,872.47
    -173.77 (-0.58%)
     
  • Nasdaq

    12,094.40
    +57.62 (+0.48%)
     
  • Russell 2000

    1,845.02
    -8.51 (-0.46%)
     
  • Crude Oil

    44.98
    -0.73 (-1.60%)
     
  • Gold

    1,812.70
    +1.50 (+0.08%)
     
  • Silver

    23.31
    -0.14 (-0.58%)
     
  • EUR/USD

    1.1930
    +0.0017 (+0.1432%)
     
  • 10-Yr Bond

    0.8780
    -0.0040 (-0.45%)
     
  • Vix

    21.25
    -0.39 (-1.80%)
     
  • GBP/USD

    1.3365
    +0.0009 (+0.0642%)
     
  • USD/JPY

    103.9200
    -0.3300 (-0.3165%)
     
  • BTC-USD

    17,125.18
    -222.09 (-1.28%)
     
  • CMC Crypto 200

    335.31
    -35.21 (-9.50%)
     
  • FTSE 100

    6,362.93
    -28.16 (-0.44%)
     
  • Nikkei 225

    26,606.08
    +68.77 (+0.26%)
     

Ameriprise: 3Q Earnings Snapshot

·1 min read

MINNEAPOLIS (AP) _ Ameriprise Financial Services Inc. (AMP) on Wednesday reported a third-quarter loss of $140 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Minneapolis-based company said it had a loss of $1.14. Earnings, adjusted for non-recurring costs, came to $1.47 per share.

The financial services company posted revenue of $3 billion in the period. Its adjusted revenue was $2.98 billion.

Ameriprise shares have dropped nearly 5% since the beginning of the year, while the Standard & Poor's 500 index has increased 1%. In the final minutes of trading on Wednesday, shares hit $158.57, an increase of roughly 4% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMP at https://www.zacks.com/ap/AMP