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.
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 $4.75, which is worse than the estimate ninety days ago.
Here’s how American Express has been performing on an annual basis:
|Revenue ($) 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|
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)