American Express Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Key takeaways
- American Express (NYSE: AXP) is set to report its third‑quarter earnings before the market opens on Friday, Oct.
- $4.50 EPS
- $20.12 billion revenue
- $18.43 billion last year
What happened
American Express (NYSE: AXP) is set to report its third‑quarter earnings before the market opens on Friday, Oct. 23. Analysts project earnings of $4.50 per share, up from $4.14 a year earlier, and revenue of $20.12 billion versus $18.43 billion last year. The company also announced a regular quarterly dividend of 95 cents per share on Sept. 28. Shares closed at $325.17 on Thursday, a 0.5 % gain.
Why it matters
The earnings guidance signals a modest earnings growth and a revenue increase that could influence investor sentiment and the stock’s valuation. The dividend declaration confirms ongoing shareholder returns, while the consensus estimates provide a benchmark for performance assessment. Market participants will gauge…
Short-term and longer-term
Short-term. In the next 24–48 hours, traders should monitor the earnings release for any surprise in earnings per share or revenue.
Longer-term. Over the coming weeks, investors will reassess American Express’s valuation based on the new earnings data and any changes to price targets.