Ameriprise Financial, Inc. (AMP) earnings on July 23, 2026

Before the market opens Q2 2026

More Ameriprise Financial, Inc. earnings

Prior outlook: Optimistic Outcome: Partial

Ameriprise Financial beat profit and sales estimates, but the stock fell 1.2% after an initial rise, suggesting investors were not impressed.

AMP price around the earnings

520.16

Change: -1.2%

2026-07-23, 19:59 UTC

516.21 522.16 528.11 534.07 526.51
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 23, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Partial

Thesis published
Results released

Exceptional 100% earnings beat rate with strong trend strength but limited upside and extreme retail crowding.

Context analyzed before publication

Trend
Strong run-up into earnings, driven by historical beats and recent trend strength, but limited upside.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.5
Analysts covering the stock
11
Average price target
551.27
Lowest price target
485
Highest price target
645
Upside to price target
4.6%
Quarterly earnings growth
56.9%
Revenue growth
9%
Forward EPS
49.85
Trailing EPS
40.04
Analyst moves in the last 60 days
4
  • Strong buy: 1
  • Buy: 4
  • Hold: 8
  • Sell: 1
  • Strong sell: 0
Strong buy
1
Buy
4
Hold
8
Sell
1
Strong sell
0
  • July 13, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
  • July 13, 2026 · Piper Sandler: Maintains rating (Neutral → Neutral)
  • July 10, 2026 · Morgan Stanley: Maintains rating (Underweight → Underweight)
  • July 10, 2026 · Jefferies: Maintains rating (Buy → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (4)

Technicals

Evidence

Average true range (ATR)
2%
Distance to 52-week high
-2.8%
14-day change (14d)
+7.4%
30-day change (30d)
+11.7%
30-day relative strength
+11.3%
SPY change (30d)
+0.4%
Nearest support
525.57
Nearest resistance
527.22
Volume accumulation ratio (14d / 46d)
0.84

Trends

Evidence

Average earnings surprise
+4.4%
  • April 23, 2026: actual EPS 11.26 vs estimate 10.21 (surprise +10.3%)
  • January 29, 2026: actual EPS 10.83 vs estimate 10.31 (surprise +5.0%)
  • October 30, 2025: actual EPS 9.87 vs estimate 9.76 (surprise +1.1%)
  • July 24, 2025: actual EPS 9.11 vs estimate 9 (surprise +1.2%)

Expected move

Implied move
+1.7%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.2%
75th percentile move
4.9%
90th percentile move
6%
Up / down moves
10 / 10
Average up move
+2.7%
Average down move
-3.6%

Monitoring and close

What Ameriprise Financial, Inc. reported

Status
Finished
Actual EPS11.07
EPS estimate10.73
EPS surprise+3.2%
Revenue$4,940 million
Revenue estimate$4,790 million
Revenue surprise+3.1%

Ameriprise Financial Q2 revenue rose 15.6% to $5.01B, beating estimates. EPS was $11.07. Record AUM and AUA levels, though advisor transitions and recruiting costs present challenges.

Sources (12)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Partial
Consolidated
-1.2%
Max favorable move (MFE)
1.9%
Max adverse move (MAE)
2.2%