American Express (AXP) Tops Q4 EPS by 39c, Offers Outlook

American Express (NYSE: AXP) reported Q4 EPS of $2.18, $0.39 better than the analyst estimate of $1.79. Revenue for the quarter came in at $12.1 billion versus the consensus estimate of $11.41 billion.

GUIDANCE:

American Express sees FY2022 EPS of $9.25-$9.65, versus the consensus of $9.67.

• “Based on our new growth plan and the benefits we anticipate from an improving macro environment, we expect to generate elevated levels of revenue growth in 2022 in the range of 18 to 20 percent and earnings per share of $9.25 to $9.65. Longer term, as the economy reaches a steady state, our aspiration is to achieve revenue growth in excess of 10 percent and EPS growth in the mid-teens.”

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

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