Recap: American Express Q4 Earnings

Shares of American Express AXP decreased 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 13.30% over the past year to $1.76, which beat the estimate of $1.31.

Revenue of $9,351,000,000 declined by 17.72% year over year, which beat the estimate of $9,350,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jan 26, 2021

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/axp/mediaframe/42626/indexr.html

Recent Stock Performance

52-week high: $138.13

Company's 52-week low was at $67.00

Price action over last quarter: Up 24.90%

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.