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- Company news: American Express (AXP) quarterly earnings miss analysts’ estimates
Ekonomické zprávy
27.01.2023
Company news: American Express (AXP) quarterly earnings miss analysts’ estimates
American Express (AXP) reported Q4 FY2022 earnings of $2.07 per share (versus $2.18 per share in Q4 FY2021), missing analysts’ consensus estimate of $2.24 per share.
The company’s quarterly revenues amounted to $14.176 bln (+16.7% y/y), roughly in line with analysts’ consensus estimate of $14.248 bln.
The company also issued upside guidance for FY 2023, seeing EPS of $11.0-11.40 versus analysts’ consensus estimate of $10.45 and revenues of +15-17% y/y to ~$60.8-61.85 bln versus analysts’ consensus estimate of $58.76 bln.
AXP rose to $163.80 (+5.08%) in pre-market trading.
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