American Express Company to Announce Q2 Financial Results, Earns Analysts’ Bets

American Express Company AXP is set to announce its second-quarter financial results on Friday, July 19. Analysts are anticipating that the New York-based company will reveal earnings of $3.25 per share for the quarter, a notable increase from the $2.89 per share reported in the same period last year. Revenue for this quarter is estimated to come in at $16.59 billion, up from $15.05 billion in the previous year as per data from Benzinga Pro.

Recently, on July 8, American Express announced a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, at $9,072.22 per share, equivalent to $9.07222 per related Depositary Share. Despite the positive outlook, American Express shares closed at $249.20 on Thursday, showing a slight decline of 0.3%. Interested readers can access the latest analyst ratings on the Analyst Stock Ratings page, where Benzinga’s most-accurate analysts have evaluated the company’s performance over the recent period.

Stay informed about the latest updates on American Express and other stocks with insights and alerts from analyst ratings, free reports, and breaking news. Be sure to check back for the official earnings report after the opening bell on July 19 to see how American Express has performed in the second quarter of the year.