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American Express Co. (AXP) released earnings for its third quarter that rose from last year.


RTTNews | Oct 22, 2021 07:05AM EDT

07:05 Friday, October 22, 2021 (RTTNews.com) - American Express Co. (AXP) released earnings for its third quarter that rose from last year.

The company's profit came in at $1.83 billion, or $2.27 per share. This compares with $1.07 billion, or $1.30 per share, in last year's third quarter.

Analysts had expected the company to earn $1.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.9% to $10.93 billion from $8.75 billion last year.

American Express Co. earnings at a glance:

-Earnings (Q3): $1.83 Bln. vs. $1.07 Bln. last year.-EPS (Q3): $2.27 vs. $1.30 last year.-Analysts Estimate: $1.80-Revenue (Q3): $10.93 Bln vs. $8.75 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3234805/american-express-co-q3-profit-rises-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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