American Express Earnings miss, Revenue beats In Q3

© Reuters. American Express Earnings miss, Revenue beats In Q3 – American Express (NYSE:) reported on Friday third quarter that missed analysts’ forecasts and revenue that topped expectations.

American Express announced earnings per share of $1.3 on revenue of $8.75B. Analysts polled by anticipated EPS of $1.33 on revenue of $8.68B.

American Express shares are down 15% from the beginning of the year and are trading at $104.79 , down-from-52-week-high.They are under-performing the which is up 6.89% 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 October 13, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.

UnitedHealth had beat expectations on October 14 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.

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