智通财经APP获悉，周五，美国运通(AXP.US)股价走高，截至发稿，该股涨超4%，报226.255美元。该公司Q1营收为158亿美元，同比增长11%，好于市场预期的157.7亿美元;净利润达到24.4亿美元，同比增长34%，超过了预期;每股收益为3.33美元，也好于市场预期。该公司的信用卡消费增长了6%，达到3670亿美元，略高于市场预期的3660亿美元。美国运通仍预计全年营收将比2023年增长至多11%。 ...

Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so.To that end, Amex said Friday (April 19) that the majority of its account openings have been from Gen Z and millennial consumers.U.S. consumer billed business, which represents cardmember spending tied to transactions and card advances, was up 8% year on year, to $153 billion in the first quarter. Spending on goods and services grew by 8% and on travel and en ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____ to ____ Commission file number 1-7657 AMERICAN EXPRESS COMPANY (Exact name of registrant as specified in its charter) New York 13-4922250 (State o ...

EXHIBIT 99.2 American Express Company (Preliminary) Consolidated Statements of Income (Millions, except percentages and per share amounts) YOY % Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 change Non-interest revenues Discount revenue $ 8,380 $ 8,580 $ 8,408 $ 8,481 $ 7,947 5 Net card fees 1,974 1,907 1,846 1,789 1,713 15 Service fees and other revenue 1,292 1,294 1,261 1,232 1,218 6 Processed revenue 386 414 424 447 420 (8) Total non-interest revenues 12,032 12,195 11,939 11,949 11,298 6 Interest income Interest on loan ...

Buying and holding stocks for the long run is a time-tested strategy that can generate sizable long-term returns. Investors can simplify the experience by purchasing shares of top-tier ETFs with low expense ratios, but also by picking up stocks to buy now that can lead to market outperformance.It’s also possible to pick stocks that align with your financial goals instead of relying on a fund. For instance, a growth investor can allocate more of their capital toward companies that are delivering higher reven ...

Investors are always looking for stocks that are poised to beat at earnings season and American Express Company (AXP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because American Express is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...

We are in the initial stage of the first-quarter 2024 earnings season, and the results are so far in line with expectations. As of Apr 17, 48 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 48 index members are up 9.5% from the same period last year on 4.5% higher revenues, with 77.1% beating EPS estimates and 64.6% beating revenue estimates.At present, total earnings of the S&P 500 Index in first-quarter 2024 are expected to be up 2.9% on 3.8% higher revenues. ...

The pair both declared substantial improvements to their shareholder payouts.Within a space of two weeks, a pair of the most powerful American financial companies upped their shareholder payouts. These weren't token raises, either, with the more-modest raiser of the two hiking its dividend by almost 10%.There's nothing like getting passively richer from one of our investments. Here's a closer look at the latest dividend raises from finance sector powerhouses JPMorgan Chase (JPM -1.14%) and American Express ...

The financial services scene finds itself in a predicament these day.Traditional heavyweights like big banks face a wide range of financial technology companies seeking to expand their financial service offerings. In fact, tech-leveraging firms have been trying to disrupt banking for quite some time now. But they have enjoyed limited success going against the financial heavyweight champs. With the rise of generative and predictive artificial intelligence (AI), perhaps fintech companies may finally have a wi ...

American Express Company (AXP) is set to report its first-quarter 2024 results on Apr 19, before the opening bell.What Do the Estimates Say?The Zacks Consensus Estimate for first-quarter earnings per share of $3 suggests a 25% increase from the prior-year figure of $2.40. The consensus mark increased by a penny over the past week. The consensus estimate for first-quarter revenues of $15.8 billion indicates a 10.3% jump from the year-ago reported figure.American Express beat the consensus estimate for earnin ...