American Express Earnings Show Its Card Members Keep Spending. Why the Stock Is Falling.
American Express turned in solid quarterly results Friday, increased its dividend, and highlighted record levels of card member spending. However, investors seemed to be shrug off the positives, sending shares 2.
American Express Stock Slips After Earnings
American Express shares fell 1.4% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.04 a share,
American Express CEO says 2024 ‘another strong year’
American Express . We delivered record revenues of $65.9 billion, up 10 percent on an FX-adjusted basis, record net income of $10.1 billion, an
Top Stock Movers Now: American Express, CF Industries, Verizon, and More
Key Takeaways U.S. equities were little changed at midday after a strong week that saw the S&P 500 set a record high.American Express's 2025 revenue guidance was mostly short of analysts' estimates.Verizon Communications posted better-than-expected results as it benefited from higher prices.
Why American Express Stock Is Falling Today
American Express (NYSE: AXP) posted fourth-quarter earnings that beat expectations, but the credit card company's guidance was a bit underwhelming. Investors were disappointed, sending Amex shares down 3% as of 10:15 a.
American Express Expects Growth in 2025 Results Following Fourth-Quarter Beat
American Express' (AXP) fourth-quarter results rose year over year and came in slightly ahead of market estimates, while the payments company projects results in 2025 to be higher than the previous year.
American Express Keeps The Premium Charges Going With Gen Z
American Express benefits from increased spending by Millennials and Gen Z, who prioritize experiences over possessions.
Assessing American Express: Insights From 11 Financial Analysts
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $324.82, a high ...
American Express price target raised to $320 from $305 at Citi
Citi analyst Keith Horowitz raised the firm’s price target on American Express (AXP) to $320 from $305 and keeps a Neutral rating on the shares ...
American Express agrees to pay more than $138M after it's accused of giving bad tax advice
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that ...
American Express Analysts Expect Gains From Strong Card Spending
Wall Street analysts raised their price targets on American Express after the company's strong Q4 earnings, with revenue ...
American Express price target raised to $350 from $305 at Argus
Argus raised the firm’s price target on American Express (AXP) to $350 from $305 and keeps a Buy rating on the shares. American Express’ Q4 ...
American Express Profit Gets Boost From Holiday Shopping
American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards ...
American Express to Pay $230 Million to Settle Deceptive Marketing Claims
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax ...
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer ...
Should You Buy American Express While It's Below $315?
At about $313 per share (as of Jan. 17), American Express at least deserves a closer look from investors. But its valuation ...