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Market Impact: 0.38

American Express (AXP) Surpasses Q1 Earnings and Revenue Estimates

AXP
Corporate EarningsCompany FundamentalsAnalyst Estimates

American Express reported quarterly EPS of $4.28, beating the Zacks Consensus Estimate of $4.03 by $0.25, or about 6%, and topping the $3.64 per share earned a year ago. The result signals solid underlying fundamentals and a modest earnings beat. The update is positive for AXP but is likely to have a limited broader market impact.

Analysis

American Express reported quarterly EPS of $4.28, beating the Zacks Consensus Estimate of $4.03 by $0.25, or about 6%, and topping the $3.64 per share earned a year ago. The result signals solid underlying fundamentals and a modest earnings beat. The update is positive for AXP but is likely to have a limited broader market impact.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.42

Ticker Sentiment

AXP0.65