Shares of American Express AXP fell 0.2% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 37.50% year over year to $1.30, which missed the estimate of $1.33.
Revenue of $8,751,000,000 decreased by 20.37% year over year, which beat the estimate of $8,660,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 23, 2020
Time: 08:30 AM
ET Webcast URL: https://ir.americanexpress.com/Earnings-and-Events
Recent Stock Performance
Company's 52-week high was at $138.13
Company's 52-week low was at $67.00
Price action over last quarter: Up 9.20%
Company Profile
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
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