Recap: American Express Q3 Earnings

 

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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Posted In: EarningsNewsBZI-Recaps
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