Investing.com - American Express (NYSE:AXP) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.88 on revenue of $10.14B. Analysts polled by Investing.com forecast EPS of $1.76 on revenue of $10.06B. That compared to EPS of $1.58 on revenue of $8.65B in the same period a year earlier The company had reported EPS of $1.84 on revenue of $10B in the previous quarter.
American Express shares gained 1.78% to trade at $104.67 in after-hours trade following the report.
For the year, American Express shares are up 3.12%, outperforming the Dow 30 which is up 2.3% year to date.
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