American Express Q1 2024 GAAP EPS $3.33 Beats $2.95 Estimate, Total Revenues Net of Interest Expense $15.801B Beat $15.786B Estimate
Portfolio Pulse from Benzinga Newsdesk
American Express reported its Q1 2024 earnings with a GAAP EPS of $3.33, surpassing the $2.95 estimate. Total revenues net of interest expense were $15.801 billion, slightly above the $15.786 billion estimate.
April 19, 2024 | 11:01 am
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American Express reported a higher-than-expected Q1 2024 GAAP EPS of $3.33 and revenues of $15.801 billion, indicating strong financial performance.
Beating both EPS and revenue estimates typically signals strong financial health and operational efficiency, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100