American Express(AXP)

Search documents
American Express Announces Record Full-Year 2023 Revenue of $60.5 Billion, Up 14% on a Reported Basis and 15% on an FX-Adjusted Basis
Businesswire· 2024-01-26 12:00
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP): ($ in millions, except per share amounts, and where indicated) Quarters Ended December 31, Percentage Inc/(Dec) Years Ended December 31, Percentage Inc/(Dec) 2023 2022 2023 2022 Billed Business (Billions) $379.8 $357.4 6% $1,459.6 $1,338.3 9% Total Revenues Net of Interest Expense $15,799 $14,176 11% $60,515 $52,862 14% FX-adjusted1 $14,225 ...
AXP vs. BAM: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-01-25 17:41
Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both American Express (AXP) and Brookfield Asset Management (BAM) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive es ...
American Express Declares Dividend on Series D Preferred Stock
Businesswire· 2024-01-24 14:01
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,973.61 per share (which is equivalent to $8.97361 per related Depositary Share). The dividend is payable on March 15, 2024 to shareholders of record on March 1, 2024. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, providing customers with access to products, insig ...
Will Higher Costs Affect American Express' (AXP) Q4 Earnings?
Zacks Investment Research· 2024-01-23 19:36
American Express Company (AXP) is set to report its fourth-quarter 2023 results on Jan 26, before the opening bell.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share of $2.65 suggests a 28% increase from the prior-year figure of $2.07. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenues of $16 billion indicates a 13.1% jump from the year-ago reported figure.American Express beat the consensus estimate for earning ...
Unlocking Q4 Potential of American Express (AXP): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-23 18:41
Wall Street analysts forecast that American Express (AXP) will report quarterly earnings of $2.65 per share in its upcoming release, pointing to a year-over-year increase of 28%. It is anticipated that revenues will amount to $16.03 billion, exhibiting an increase of 13.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 2.8% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their ini ...
3 Things You Need to Know Before Buying This Top Warren Buffett Stock
The Motley Fool· 2024-01-23 12:45
Based on his impressive track record during the past few decades, Warren Buffett is a source of inspiration when it comes to investment ideas. Take a peek through Berkshire Hathaway's massive portfolio, and you'll find some dominant companies.The third largest holding is American Express (AXP 1.00%). The conglomerate owns almost 21% of the shares outstanding in this top financial company. But before you rush to follow in the Oracle of Omaha's footsteps and buy the stock, here are three things you need to kn ...
American Express CEO says spending is strong, delinquencies are down from 2019
CNBC· 2024-01-19 19:52
Stephen Squeri, chairman and chief executive officer of American Express Co., speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 10, 2022.American Express CEO Stephen Squeri on Friday said the credit card company saw "good consumer spending" during the holidays and signs of strong overall health for U.S. spending.In particular, delinquency rates were "lower than they were in 2019," Squeri told CNBC's Scott Wapner in an interview at the American Express PGA Tour event in La Q ...
American Express (AXP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-01-19 16:01
American Express (AXP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 26, 2024, might help the stock move higher if these key numbers are better ...
American Express likely to ring up record 4Q sales
Proactive Investors· 2024-01-17 17:27
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
Here's Why American Express (AXP) is a Strong Value Stock
Zacks Investment Research· 2024-01-17 16:17
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...