American Express Beats Third-Quarter Earnings Estimates, Raises Full-Year Outlook
American Express beat Wall Street estimates for third-quarter earnings and raised its full-year outlook. Truist analysts called the headline good but said the details were mixed.
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01:26:44 PM UTC
SquawkNews
American Express (AXP) has reported mixed financial results for this year’s third quarter.The credit card issuer announced earnings per share (EPS) of $4.68 U.S., beating Wall Street’s forecast of $4.50 U.S.Revenue in the July through September period totaled $20.06 billion U.S., which slightly mis…
American Express beat Wall Street's estimates for 3Q earnings and raised its full-year outlook. In short, "the headline is good," according to Truist analysts. But "the details are more mixed," Brian Foran and Erin Kim say. The company's guidance factors in a better-than-expected third quarter, rat…