American Express's (AXP) third quarter earnings beat analyst estimates. Compared to the last year, revenue increased 13 percent and earnings per share rose 34 percent.
Dow staple American Express Company (NYSE:AXP) is suffering a post-earnings pullback, with the shares last seen 2.1% lower at $146.45 and weighing on the blue-chip index today.
American Express' net interest income is up nearly 75% over the last two years, boosting profits as consumer spending remained robust.
American Express (AXP) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to earnings of $2.47 per share a year ago.
American Express says third-quarter revenue rose 13% to $15.4 billion.
American Express Co. easily topped profit expectations for its third quarter, while calling out healthy spending and “strong” credit metrics.
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American Express (AXP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
American Express (AXP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

American Express 3Q earnings beat on the cards

12:58pm, Wednesday, 18'th Oct 2023
American Express Company (NYSE:AXP) will report its third quarter financial results before the market opens on Friday, October 20, 2023, and the consensus expectation of Wall Street analysts is that
We have narrowed our search to five U.S. corporate bigwigs that are poised to beat on third-quarter earnings results this week. These are: T, AXP, MMC, FITB, CCI.
We expect American Express to edge past the consensus estimates of revenues and earnings.
American Express (AXP) reachead $152.79 at the closing of the latest trading day, reflecting a +1.12% change compared to its last close.
AmEx's (AXP) third-quarter results are expected to showcase robust Cards-in-force growth and higher interest income.
Wall Street spent much of this year getting more tepid on third-quarter corporate profits, with expectations for subdued growth giving way to expectations for a slight decline.
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