American Express AXP announces its next round of earnings Thursday. Here's Benzinga's look at American Express's Q4 earnings report.
Earnings and Revenue
American Express EPS will likely be near $1.54 while revenue will be around $8.7 billion, according to analysts.
In the same quarter last year, American Express reported earnings per share of 89 cents per share on sales of $8 billion. If the company were to match the current consensus estimate when it reports Thursday, EPS would be up 69.23 percent. Revenue would be up 8.70 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 1.47 | 1.43 | 1.28 | 0.97 |
EPS Actual | 1.5 | 1.47 | 1.34 | 0.91 |
Q4 EPS Estimate: $1.54
Q4 Revenues Estimate: $8 billion
Stock Performance
Shares of American Express were trading at $100.76 Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating American Express stock as Sell. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. American Express's Q4 conference call is scheduled to begin shortly after 4:00 p.m. ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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