Yahoo Finance American Express Earnings, Revenue beat in Q3
Investing.com - American Express (NYSE:AXP) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.88 on revenue of $10.14B. Analysts polled by Investing.com anticipated EPS of $1.76 on revenue of $10.06B. That compared to EPS of $1.58 on revenue of $8.65B in the same period a year earlier The company had reported EPS of $1.84 on revenue of $10B in the previous quarter.
American Express shares gained 1.78% to trade at $104.67 in after-hours trade following the report.
For the year, American Express shares are up 3.12%, outperforming the Dow 30 which is up 2.3% year to date.
American Express follows other major Financial sector earnings this month
On Tuesday, JPMorgan (NYSE:JPM) reported fourth quarter EPS of $ on revenue of $, compared to forecasts of EPS of $2.24 on revenue of $27.41B.
Bank of America (NYSE:BAC) earnings missed analyst's expectations on Wednesday, with fourth quarter EPS of $ on revenue of $. Investing.com analysts expected EPS of $0.65 on revenue of $22.76B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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