Earnings history

last 4 reports each · paired by recencyMethod

VEL

0 of 4at or beyond implied

Reportimpliedrealized× implied

Q2 FY26±10.2%+3.06%×0.30

May 7 '26±7.3%−6.54%×0.89

Q1 FY26±17.7%−2.14%×0.12

Jan 26 '26±9.0%+5.26%×0.59

AXP

3 of 4at or beyond implied

Reportimpliedrealized× implied

Q3 FY26±3.2%−3.68%×1.16

Q2 FY26±3.0%−4.30%×1.43

Q1 FY26±3.2%−4.31%×1.34

Jan 30 '26±4.0%−1.77%×0.45

= impliedVEL realized, solidAXP realized, hatchedOne scale, both sides: full bar = 18%× = |realized| ÷ impliedSource: market data

VEL compared with AXP: revenue, margins and what each company keeps, and the suppliers and customers both name