Core Viewpoint - Analysts forecast that American Express (AXP) will report quarterly earnings of 17 billion, marking a 7.6% increase compared to the previous year [1] Earnings Estimates - Over the last 30 days, there has been a downward revision of 0.2% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior, as empirical studies show a strong correlation between earnings estimate trends and short-term stock performance [3] Key Metrics Forecast - Analysts estimate 'Commercial Services - Card Member Loans - Total loans' at 27.6 billion year-over-year [5] - The forecast for 'International Card Services - Card Member loans - consumer and small business - Average loans' is 16.4 billion last year [6] - 'U.S. Consumer Services - Card Member loans - Total loans' is expected to reach 82.3 billion in the same quarter last year [7] - The average prediction for 'Average Card Member loans' is 124.7 billion year-over-year [8] - The consensus estimate for 'Total non-interest revenues' stands at 12.03 billion in the same quarter last year [9] - Analysts project 'Net Interest Income' to reach 3.77 billion last year [10] Stock Performance - Shares of American Express have decreased by 5.5% over the past month, compared to a 3.6% decline in the Zacks S&P 500 composite, with a Zacks Rank of 3 (Hold) indicating expected performance in line with the overall market [11]
Stay Ahead of the Game With American Express (AXP) Q1 Earnings: Wall Street's Insights on Key Metrics