American Express (NYSE:AXP) reported third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.08 on revenue of $10.99B. Analysts polled by anticipated EPS of $2.03 on revenue of $10.96B. That compared to EPS of $1.88 on revenue of $10.14B in the same period a year earlier. The company had reported EPS of $2.07 on revenue of $10.84B in the previous quarter.
American Express shares gained 1.07% to trade at $120.39 in pre-market trade following the report.
American Express follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.
Bank of America earnings beat analysts' expectations on Wednesday, with third quarter EPS of $0.56 on revenue of $22.8B. analysts expected EPS of $0.55 on revenue of $22.59B
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