American Express Raises Full-Year Earnings Per Share Guidance

American Express (AXP) PT Raised to $267 at RBC Capital

RBC Capital analyst Jon Arfstrom raised the price target on American Express (NYSE: AXP) to $267.00 (from $265.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 2Q results. This was a solid quarter with consistent revenues, controlled expenses, and stable credit... More

Citi Reiterates Neutral Rating on American Express (AXP)

Citi analyst Keith Horowitz reiterated a Neutral rating and $250.00 price target on American Express (NYSE: AXP)

The analyst comments "AXP reported broad-based pressure on the top line as spend growth trends were softer than expected, but demonstrated flexibility on expenses to offset.... More

American Express (AXP) shares edge lower as Q2 revenue falls short of expectations

American Express (NYSE: AXP) reported a mixed financial performance in the second quarter, with earnings surpassing analyst expectations but revenue falling short.

The company's adjusted earnings per share (EPS) rose 21% to $3.49, exceeding the analyst estimate of $3.23. However, revenue for the quarter was $16.3 billion, not meeting the consensus estimate of $16.59 billion.

Despite the revenue shortfall, shares of American Express declined marginally by -1.9%, indicating a tempered response from investors to the company's revenue miss.

Chairman and CEO Stephen J. Squeri highlighted the... More

American Express (AXP) Tops Q2 EPS by 26c, Offers Guidance

American Express (NYSE: AXP) reported Q2 EPS of $3.49, $0.26 better than the analyst estimate of $3.23. Revenue for the quarter came in at $16.3 billion versus the consensus estimate of $16.59 billion.

GUIDANCE:

American Express sees FY2024 EPS of $13.30-$13.80, versus the... More