Company News: American Express (AXP) quarterly earnings beat analysts’ forecast

Market news

26 January 2021

Company News: American Express (AXP) quarterly earnings beat analysts’ forecast

American Express (AXP) reported Q4 FY 2020 earnings of $1.76 per share (versus $2.03 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.30 per share.

The company’s quarterly revenues amounted to $9.351 bln (-17.7% y/y), roughly in-line with analysts’ consensus estimate of $9.319 bln.

AXP fell to $119.00 (-1.77%) in pre-market trading.

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