American Express AXP reported its Q3 earnings results on Friday, October 22, 2021 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
American Express beat their estimated earnings by 26.11%, which surprised analysts.
Revenue was up $2,177,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.22, which was followed by a 1.33% increase in the share price the next day.
Here's a look at American Express's past performance and the resulting price change:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | 1.58 | 1.61 | 1.31 | 1.33 |
EPS Actual | 2.80 | 2.74 | 1.76 | 1.30 |
Revenue Estimate | 9.54B | 9.17B | 9.35B | 8.66B |
Revenue Actual | 10.24B | 9.06B | 9.35B | 8.75B |
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