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Rashmi Kumari

REVEALED: American express earnings preview what to expect | Rare Historical Photos

American Express AXP

Valued at a market cap of $193.2 billion, American Express Company (AXP) operates as an integrated payments company. The New York-based company offers a wide range of credit and charge cards with exclusive travel & lifestyle benefits. Also, it provides merchant acquisition and processing services and fraud prevention services. AXP is expected to announce its fiscal Q3 earnings results before the market opens on Friday, Oct. 18.

Ahead of this event, analysts expect the credit service provider to report a profit of $3.27 per share, a marginal decline from $3.30 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.

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