27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
American Express (NYSE:AXP) reported its Q4 earnings results on Tuesday, January 25, 2022 at 07:00 AM.
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Here's what investors need to know about the announcement.
Earnings
American Express beat estimated earnings by 16.58%, reporting an EPS of $2.18 versus an estimate of $1.87, which surprised analysts.
Revenue was up $2.79 billion from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.47, which was followed by a 5.41% increase in the share price the next day.
Here's a look at American Express's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.80 | 1.58 | 1.61 | 1.31 |
| EPS Actual | 2.27 | 2.80 | 2.74 | 1.76 |
| Revenue Estimate | 10.52B | 9.54B | 9.17B | 9.35B |
| Revenue Actual | 10.93B | 10.24B | 9.06B | 9.35B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.