American Express (AXP) PT, Estimates Cut at Credit Suisse Following 'Miss'
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American Express (AXP) Misses Q3 EPS by 7c
October 21, 2015 4:02 PM EDT(Updated - October 21, 2015 4:15 PM EDT)
American Express (NYSE: AXP) reported Q3 EPS of $1.24, $0.07 worse than the analyst estimate of $1.31. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.32 billion.
Revenue was down 1% and EPS was down 11% from last year.
The company now expect expects full year 2015 EPS to be between $5.20 and $5.35, versus the consensus of $5.49.
While overall results were in line with our 2015 financial outlook, the quarter reflected the headwinds and challenges that we have been dealing with throughout this year, said Kenneth I. Chenault, chairman and chief... More
