American Express: Q1 Earnings Insights - American Express (NYSE:AXP)

American Express AXP reported its Q1 earnings results on Thursday, April 20, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

American Express missed estimated earnings by 9.43%, reporting an EPS of $2.4 versus an estimate of $2.65.

Revenue was up $2.55 billion from the same period last year.

Last quarter the company missed on EPS by $0.15 which was followed by a 10.54% increase in the share price the next day.

Here's a look at American Express's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.22	2.41	2.41	2.44
EPS Actual	2.07	2.47	2.57	2.73
Revenue Estimate	14.22B	13.50B	12.50B	11.62B
Revenue Actual	14.18B	13.56B	13.39B	11.73B

To track all earnings releases for American Express visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.