American Express Company (AXP) is set to report third-quarter 2024 results on Oct. 18, 2024, before the opening bell. The Zacks Consensus Estimate for third-quarter earnings is currently pegged at $3.27 per share, implying a decline of 0.9% from the year-ago reported number. However, the Zacks Consensus Estimate for third-quarter revenues is currently pegged at almost $16.7 billion, suggesting an 8.2% uptick from the year-ago actuals.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.T ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

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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