Benzinga | Oct 21, 2021 12:12PM EDT

A Preview Of American Express's Earnings

American Express (NYSE:AXP) is set to give its latest quarterly earnings report on Friday, 2021-10-22. Here's what investors need to know before the announcement.

Analysts estimate that American Express will likely report an Earnings Per Share (EPS) of $1.77

American Express bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 77.22%, which was followed by a 0.0% drop in the share price the next day.

Here's a look at American Express's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.58 1.61 1.31 1.33EPS Actual 2.80 2.74 1.76 1.30Price Change % 1.33% -1.92% -1.77% -3.64%

Stock Performance

Shares of American Express were trading at $179.6 as of October 20. Over the last 52-week period, shares are up 77.05%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here