/American%20Express%20Co_%20credid%20card-by%20RYO%20Alexandre%20via%20Shutterstock.jpg)
New York-based American Express Company (AXP) operates as an integrated payments company operating through U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services segments. With a market cap of $213.5 billion, American Express’s operations span the Americas, Indo-Pacific, Europe, Africa, and internationally.
The credit card giant is set to release its fourth-quarter earnings before the market opens on Friday, Jan. 24. Ahead of the event, analysts expect Amex to report a non-GAAP profit of $3.02 per share, up 15.3% from $2.62 per share reported in the year-ago quarter. The company has a mixed earnings surprise history. It surpassed analysts’ earnings estimates thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter grew 5.8% year-over-year to $3.49 while exceeding Wall Street’s expectations by 6.7%.