Core Insights - American Express Global Business Travel is set to announce earnings results, with analysts expecting a revenue growth of 2.7% year on year to $613 million, a slowdown from the previous year's 4.6% increase [3] - The company reported revenues of $631 million last quarter, meeting analysts' expectations, and provided full-year EBITDA and revenue guidance that exceeded expectations [1][4] - The stock has seen a 5.6% increase over the past month, with an average analyst price target of $9.91 compared to the current share price of $7.96 [6] Revenue Expectations - Analysts anticipate a revenue of $613 million for the upcoming quarter, which reflects a 2.7% year-on-year growth [3] - The previous quarter's revenue was reported at $631 million, remaining flat year on year [1] Analyst Sentiment - Analysts have generally reconfirmed their estimates over the last 30 days, indicating confidence in the company's performance heading into earnings [4] - The company has missed Wall Street's revenue estimates four times in the past two years, which may influence investor sentiment [4] Peer Performance - In the finance and HR software segment, peers like Marqeta and Flywire reported significant year-on-year revenue growth of 27.6%, outperforming analysts' expectations [5] - The performance of these peers may provide context for American Express Global Business Travel's upcoming results [5]
Earnings To Watch: American Express Global Business Travel (GBTG) Reports Q3 Results Tomorrow