Wall Street analysts forecast that American Express (AXP) will report quarterly earnings of $3.27 per share in its upcoming release, pointing to a year-over-year decline of 0.9%. It is anticipated that revenues will amount to $16.65 billion, exhibiting an increase of 8.2% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial p ...

The 2024 Q3 earnings season has kicked into a much higher gear with the release of the big banks’ results last Friday. The period looks to be constructive, with earnings growth expected to be positive again despite recent downward revisions that have contrasted with recent periods.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s take a closer look at a few key companies – Taiwan Semiconductor Manufacturing (TSM) , Netflix (NFLX) , and American Express (AXP) – that are on the re ...

American Express (AXP) ended the recent trading session at $276.52, demonstrating a +0.13% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.77%. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.87%.The the stock of credit card issuer and global payments company has risen by 6.63% in the past month, leading the Finance sector's loss of 2.93% and the S&P 500's gain of 4.87%.Analysts and investors alike will be keeping a close eye on the perf ...

The Oracle of Omaha is using a simple "recipe" to generate respective dividend yields of 33%, 34%, and 60% from three core holdings.For almost 60 years, Berkshire Hathaway (BRK.A 1.32%) (BRK.B 1.16%) CEO Warren Buffett has been delivering outsize returns. Based on the closing price of Berkshire's Class A shares (BRK.A) on Oct. 10, he's overseen a nearly 5,500,000% aggregate return and watched his company (briefly) hit the trillion-dollar mark, which is something only eight publicly traded companies have acc ...

Wall Street expects a year-over-year decline in earnings on higher revenues when American Express (AXP) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 18, 2024, might help the stock move higher if these key numbers are better t ...

American Express (AXP, Financial) experienced a decline of 1.53% today, closing the day at $269.59. This movement comes in the wake of downgrades by analysts, with HSBC moving the rating from 'buy' to 'hold' and BTIG shifting from 'neutral' to 'sell'.American Express (AXP, Financial) is currently trading at a price-to-earnings (PE) ratio of 20.12, which positions it as a relatively expensive option in the financial services sector. The company's valuation concerns are underscored by its Price-to-Book (PB) r ...

These two Buffett stocks are too good to pass up for patient, long-term investors.Want to help your portfolio? Watch what Warren Buffett is buying. His stock picks have, on average, crushed the market over the long term. And right now, two of his top holdings look too good to pass up.This is a company you can buy and hold foreverGreat companies can figure out how to generate impressive returns for shareholders without resorting to taking on excess debt. For decades, American Express (AXP -0.18%) has done a ...

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Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024.Vice President Kamala Harris' top allies in the private sector have launched a new campaign that seeks to portray the Democratic nominee as the best candidate for business, and to draw contrasts between her and Republican former President Donald Trump.Business Leaders for Harris went live with a website early Friday that features online testimonials, bo ...

Warren Buffett might say you should. Bank of America (BAC 0.03%) has been one of Warren Buffett's favorite stocks for a while. He took a position for the first time in 2007, and it has become a sizable piece of the total since then. He made headlines over the past few months for selling off a percentage of his position in Bank of America, which could lead investors to believe he's not a big fan these days. However, that would be a mistaken assumption. Bank of America stock still accounts for a hefty 10% of ...