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Barchart
Barchart
Kritika Sarmah

Earnings Preview: What to Expect From American Express' Report

New York-based American Express Company (AXP) operates as an integrated payments company in the United States and internationally. With a market cap of $222.2 billion, the company operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. AXP is expected to announce its fiscal Q2 earnings results on Friday, July 18. 

Ahead of this event, analysts expect the payments giant to report a profit of $3.85 per share, up 10.3% from $3.49 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters, which is impressive. 

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