Recap: American Express Q3 Earnings

American Express AXP reported its Q3 earnings results on Friday, October 21, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

American Express beat estimated earnings by 2.49%, reporting an EPS of $2.47 versus an estimate of $2.41.

Revenue was up $2.63 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 1.88% increase in the share price the next day.

Here's a look at American Express's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.41 2.44 1.87 1.80
EPS Actual 2.57 2.73 2.18 2.27
Revenue Estimate 12.50B 11.62B 11.50B 10.52B
Revenue Actual 13.39B 11.73B 12.14B 10.93B

To track all earnings releases for American Express visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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