What to Expect from American Express's Earnings

American Express (NYSE:AXP) is preparing to release its quarterly earnings on Friday, 2024-10-18. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect American Express to report an earnings per share (EPS) of $3.28.

Investors in American Express are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

The company's EPS beat by $0.23 in the last quarter, leading to a 0.0% drop in the share price on the following day.

Here's a look at American Express's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.26

2.95

2.64

2.94

EPS Actual

3.49

3.33

2.62

3.30

Price Change %

-3.0%

6.0%

7.000000000000001%

-5.0%

Tracking American Express's Stock Performance

Shares of American Express were trading at $281.68 as of October 16. Over the last 52-week period, shares are up 100.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on American Express

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding American Express.

The consensus rating for American ...