Benzinga | Oct 22, 2021 07:37AM EDT

Recap: American Express Q3 Earnings



American Express (NYSE:AXP) reported its Q3 earnings results on Friday, October 22, 2021 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

American Express beat their estimated earnings by 26.11%, which surprised analysts.

Revenue was up $2,177,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.22, which was followed by a 1.33% increase 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 1.30Revenue Estimate 9.54B 9.17B 9.35B 8.66BRevenue Actual 10.24B 9.06B 9.35B 8.75B

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