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https://i-invdn-com.investing.com/news/LYNXMPEB0Q15T_M.jpgAmerican 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 2% from the beginning of the year, still down 15.92% from its 52 week high of $189.03 set on October 22, 2021. They are outperforming the Dow Jones which is down 5.43% from the start of the year.
American Express’s report follows an earnings beat by JPMorgan on January 14, 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 January 19 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar