American Express (AXP) Tops Q4 EPS by 2c, Offers FY Guidance

(Updated - January 24, 2020 7:02 AM EST)

American Express (NYSE: AXP) reported Q4 EPS of $2.03, $0.02 better than the analyst estimate of $2.01. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.36 billion.

Guidance:

American Express sees FY EPS of $8.85 - $9.25 vs $8.95 consensus.

“For 2020, we expect revenue growth in the range of 8 to 10 percent on an FX-adjusted basis and earnings of $8.85 - $9.25 per share. Our consistent performance, along with our continued investments in product innovation and growth opportunities, gives us confidence that we have a long runway for steady growth over the long term.”

For earnings history and earnings-related data on American Express (AXP) click here.

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