Core Insights - American Express Company is set to release its third-quarter earnings results on October 17, with analysts expecting earnings of $4.00 per share, an increase from $3.49 per share in the same period last year [1] - The projected quarterly revenue is $18.05 billion, up from $16.64 billion a year earlier [1] Financial Performance - The company has exceeded analyst revenue estimates for three consecutive quarters and six out of the last ten quarters [2] - Shares of American Express declined by 2.3%, closing at $323.12 on Thursday [2] Analyst Ratings - UBS analyst Eriks Najarian maintained a Neutral rating and raised the price target from $330 to $340 [4] - JP Morgan analyst Richard Shane also maintained a Neutral rating, increasing the price target from $343 to $355 [4] - Evercore ISI Group analyst John Pancari maintained an In-Line rating and raised the price target from $330 to $365 [4] - Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating, increasing the price target from $311 to $362 [4] - Wells Fargo analyst Donald Fandetti maintained an Overweight rating and raised the price target from $350 to $375 [4]
American Express Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts