American Express Earnings: 4 Things To Cheer About And 1 That’s Concerning

American Express (NYSE: AXP) reported its second-quarter earnings on Wednesday afternoon, and with shares declining by roughly 3% after the report, it's fair to say that investors weren't thrilled with what they saw. While most of American Express' earnings report was quite strong, the company did miss revenue estimates.In addition to the revenue miss, there was another concerning trend in Amex's earnings.

BING NEWS:
  • Looking At American Express's Recent Unusual Options Activity
    Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $310.0 for American Express over the recent three months.
    04/25/2024 - 7:17 am | View Link
  • Q1 earnings surge: Is American Express headed for $250?
    American Express (NYSE:AXP) impressed investors with its Q1 2024 earnings report released on April 19th. The company showcased robust growth, with revenue climbing 11% to $15.8 billion and earnings ...
    04/25/2024 - 2:28 am | View Link
  • Visa’s stock gains after earnings, as one simple message resonates
    Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings beat and showed off continued growth in spending.
    04/23/2024 - 11:56 am | View Link
  • American Express's Q1 2024: Revenue and Earnings Growth From Strong Cardholder Spending
    The company plans to continue returning excess capital to shareholders and increased its quarterly dividend by 17% in Q1. However, due to asset growth, American Express expects to transition to a ...
    04/23/2024 - 3:01 am | View Link
  • American Express Company (NYSE:AXP) Q1 2024 Earnings Call Transcript
    Q1 2024 Earnings Call April 19, 2024 American Express Company beats earnings expectations. Reported EPS is $3.33, expectations were $2.97. AXP isn’t one of the 30 most popular stocks among hedge funds ...
    04/22/2024 - 2:25 am | View Link
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BING SEARCH:
  • American Express poised for strong earnings growth in Q1
    American Express (NYSE:AXP) is expected to report a strong year-over-year gain in earnings when it posts its Q1 earnings on April 19, Friday before the bell. The consensus EPS Estimate is $2.98 ...
    04/18/2024 - 6:27 am | View Website
  • AMERICAN EXPRESS ANNOUNCES RECORD FULL-YEAR 2023 REVENUE OF $60.5 ...
    New York – January 26, 2024 – American Express Company (NYSE: AXP) today reported full-year net income of $8.4 billion, or $11.21 per share, compared with net income of $7.5 billion, or $9.85 per share, a year ago.
    04/17/2024 - 4:58 pm | View Website
  • American Express Company
    Quarterly Results. Financial summary table containing documents grouped by year, quarter and type. 2023. 2022. 2021. 2020. 2019.
    04/17/2024 - 1:16 pm | View Website
  • American Express Announces Record Full-Year 2023 Revenue of $60.5 ...
    American Express Announces Record Full-Year 2023 Revenue of $60.5 Billion, Up 14% on a Reported Basis and 15% on an FX-Adjusted Basis. Business Wire. Fri, Jan 26, 2024, 7:00 AM 22 min read.
    04/17/2024 - 6:07 am | View Website
  • American Express Company
    Q4 2023 Earnings. Press Release. Webcast. Presentation. Financial Tables. 10-K. View All Earnings. News. View All Investor Relations News. SEC Filings. Represents most recent filings for American Express Company. View All SEC Filings. Annual Report & Proxy. 2023 Annual Report. Download PDF. 2024 Proxy Statement. Download PDF. View All Reports.
    04/17/2024 - 5:24 am | View Website
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