American Express Earnings: Your Sneak Peek to the Big Announcement

American Express (NYSE:AXP) will report earnings after markets close on Wednesday, April 17th. American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.

Here is your Cheat Sheet to American Express Earnings:

Earnings Expectations: Analysts expect earnings of $1.12 per share on revenues of $8.05 billion. Currently, the company’s P/E ratio stands at 16.81.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.21 to a profit $1.22. For the current year, the average estimate is a profit of $4.75, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how American Express has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 28,360 24,340 27,580 29,960 31,580
Diluted EPS ($) 2.32 1.54 3.35 4.12 3.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 7,742 7,614 7,965 7,862 8,141
Diluted EPS ($) 1.02 1.07 1.15 1.09 0.58

Past Performance:
American Express has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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