Investing.com – American Express (NYSE:) reported on Friday fourth quarter that beat analysts’ forecasts and revenue that was inline with expectations.
American Express announced earnings per share of $2.03 on revenue of $11.37B. Analysts polled by Investing.com forecast EPS of $2.01 on revenue of $11.37B. That was in comparison with EPS of $2.32 on revenue of $10.47B in the same period a year earlier.American Express had announced EPS of $2.08 on revenue of $10.99B in the prior quarter.Analysts are forecasting EPS of $2.1 and revenue of $11.18B in the next quarter.
American Express share’s are up 5.53% for the year to date and is trading at $131.37 , still down 0.68% from its 52 week high of $132.27 set on January 22.
American Express follows other major Financial sector earnings this month
American Express’s report follows an earnings beat by JPMorgan on January 14, who reported EPS of $2.57 on revenue of $29.21B, compared with expected EPS of $2.35 on revenue of $27.87B.
Bank of America had beat expectations on January 15 with fourth quarter EPS of $0.74 on revenue of $22.35B, was in comparison with forecast for EPS of $0.68 on revenue of $22.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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