American Express (AXP) Confirms FY16 - 17 Guidance

American Express (NYSE: AXP) reaffirmed the company’s financial outlook for 2016 and 2017.

In remarks prepared for the company’s annual Investor Day today, Chief Financial Officer Jeffrey C. Campbell said, “For the full year, our 2016 and 2017 EPS outlook remains unchanged from what we told you on our fourth quarter earnings call. We continue to expect EPS in the range of $5.40 to $5.70 for 2016 and to be at least $5.60 for 2017. As you will recall, this outlook does not contemplate the impact of any restructuring charges or other contingencies.”

A live audio webcast of the Investor Day is available to the general public through the American Express Investor Relations website at http://ir.americanexpress.com. An audio replay of the presentation will be available after the event at the same website address.

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• Bernstein remains bullish on SpaceX but sees challenges in telecom ambitions
• S&P 500 may pull back before midterms, but Citi says buy the dip