Save the date! Friday 18th October 2024, is when American Express (NYSE: AXP) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
Financial analysts on Wall Street are anticipating that the company will announce an estimated $3.28 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $16.67 billion for this period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $65.97 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $13.13 per share.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $3.3. This figure was a result of the company's total revenue, which reached an impressive $15.38 billion million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.49 | +20.8% | 16.33 B | +8.5% |
| Q1 2024 | $3.33 | +38.8% | 15.80 B | +10.6% |
| Q4 2023 | $2.62 | +26.6% | 15.80 B | +11.4% |
| Q3 2023 | $3.30 | +33.6% | 15.38 B | +13.5% |
| Q2 2023 | $2.89 | +12.5% | 15.05 B | +12.4% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 18th October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
The day's trading saw American Express (AXP) shares hit a low of $277.69 and a high of $281.87, with a day volume of 2.24 million shares. The stock closed the regular trading session at $281.68, indicating 1.58 percent rise.
