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 $1.76 on revenue of $9.35B. Analysts polled by Investing.com anticipated EPS of $1.31 on revenue of $9.34B.
American Express shares are down 0% from the beginning of the year, still down 12.24% from its 52 week high of $138.04 set on February 20, 2020. They are under-performing the Dow Jones which is up 1.16% 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 January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on January 20 with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.96B.
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