American Express Q3 EPS $3.30, Sales $15.38B Beat $15.36B Estimate
Portfolio Pulse from Bill Haddad
American Express (NYSE:AXP) reported Q3 earnings of $3.30 per share, beating the analyst consensus estimate of $2.94 by 12.24%. This is a 33.6% increase from the same period last year. The company also reported quarterly sales of $15.38 billion, beating the analyst consensus estimate of $15.36 billion by 0.14%. This is a 13.46% increase from the same period last year.
October 20, 2023 | 11:02 am
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POSITIVE IMPACT
American Express reported better than expected Q3 earnings and sales, which could positively impact its stock price.
American Express reported Q3 earnings and sales that beat analyst estimates, which is typically a positive signal for the stock. The significant YoY increases in both earnings and sales also indicate strong performance, which could further boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100