Investing.com - American Express (NYSE:AXP) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
American Express announced earnings per share of $2.18 on revenue of $12.15B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $11.52B.
American Express shares are down 7.12% from the beginning of the year and are trading at $158.93 , down-from-52-week-high.They are outperforming the Nasdaq which is down 11.44% from the start of the year.
American Express follows other major Financial sector earnings this month
American Express's report follows an earnings beat by JPMorgan on Friday, January 14, 2022, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on Wednesday, January 19, 2022 with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
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