American Express announced earnings per share of $1.98 on revenue of $10.31B. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $10.76B. That with comparison to EPS of $1.8 on revenue of $10.36B in the same period a year before. American Express had reported EPS of $2.03 on revenue of $11.37B in the previous quarter. Analysts are expecting EPS of $1.68 and revenue of $10.39B in the upcoming quarter.
American Express shares are down 33% from the beginning of the year , still down 40.30% from its 52 week high of $138.13 set on January 24. They are under-performing the Dow 30 which is down 17.89% year to date.
American Express’s report follows an earnings missed by JPMorgan on April 14, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar