Amex Needs Wealthy Spenders to Buck Up and Keep Swiping — Oct 18th, 2024

The affluent American consumer that powers American Express is showing some signs of fatigue. On Friday, Amex said that it now expects around 9% revenue growth in 2024. Amex shares were down around 3% midday Friday, though they are still up close to 50% for the year. Continue reading Vie...

American Express' Mixed Q3 Results: Goldman Analyst Sees Silver Lining In Expense Management And NII Growth — Oct 18th, 2024

American Express' Mixed Q3 Results: Goldman Analyst Sees Silver Lining In Expense Management And NII Growth American Express Co (NYSE:AXP) stock slid Friday after its third-quarter print failed to impress the Street. The third-quarter revenue (net of interest expense) grew 8% year-on-yea...

Mixed Housing Market Data for September — Oct 18th, 2024

We’re in a curious holding pattern of sorts in this morning’s pre-market trading. Investors are feeling the ceiling just above their heads currently, with the Dow still in the midst of setting new all-time closing highs, and the S&P 500 not far behind. These two indexes and the Nasdaq ...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

Top Midday Stories: Netflix Shares Soar on Q3 Earnings, Subscriber Beats; CVS Shares Drop on Downbeat Guidance — Oct 18th, 2024

Top Midday Stories: Netflix Shares Soar on Q3 Earnings, Subscriber Beats; CVS Shares Drop on Downbeat Guidance...

Trending tickers: Netflix, Ferrari, American Express, Moderna and Boohoo — Oct 18th, 2024

Netflix (NFLX) Netflix reported robust third-quarter earnings, exceeding analysts’ expectations on both revenue and profits, driven largely by an expansion in its advertising business. Following the earnings announcement, Netflix's shares experienced a surge, climbing approximately 5% ...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

A Mixed Bag on Mixed Stock Market Data — Oct 18th, 2024

Friday, October 18th, 2024 We’re in a curious holding pattern of sorts in this morning’s pre-market trading. Investors are feeling the ceiling just above their heads currently, with the Dow still in the midst of setting new all-time closing highs, and the S&P 500 not far behind. The...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express (AXP) Q3 Earnings Surpass Estimates — Oct 18th, 2024

American Express (AXP) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings su...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

These Stocks Moved the Most Today: CVS, Netflix, Nvidia, Intuitive Surgical, Apple, American Express, and More — Oct 18th, 2024

Stocks wrapped up a sixth-straight week of gains on Friday following strong quarterly results from Netflix —one of the first Big Tech companies to report earnings. Netflix reported third-quarter revenue of $9.83 billion, beating analysts’ expectations of $9.77 billion. Total paid subsc...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express profit rises in Q3 as card members continue to spend — Oct 18th, 2024

NEW YORK (AP) — American Express' third-quarter profit topped analysts' expectations as the credit card company's cardholders continue to spend, with many holding a balance. American Express earned $2.51 billion, or $3.49 per share, for the period ended Sept. 30. That compares with $2.4...

These Stocks Moved the Most Today: CVS, Netflix, Nvidia, Intuitive Surgical, Apple, American Express, and More — Oct 18th, 2024

Stocks wrapped up a sixth-straight week of gains on Friday following strong quarterly results from Netflix —one of the first Big Tech companies to report earnings. Netflix reported third-quarter revenue of $9.83 billion, beating analysts’ expectations of $9.77 billion. Total paid subsc...

American Express profit rises in Q3 as card members continue to spend — Oct 18th, 2024

NEW YORK (AP) — American Express' third-quarter profit topped analysts' expectations as the credit card company's cardholders continue to spend, with many holding a balance. American Express earned $2.51 billion, or $3.49 per share, for the period ended Sept. 30. That compares with $2.4...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Stock Drops After Revenue Undershoots Estimates — Oct 18th, 2024

American Express shares skidded after the credit-card company's quarterly revenue missed Wall Street estimates. Shares, which have risen about 52% this year through Thursday, fell about 5%. For July-September, Amex logged $16. Continue reading View comments...

American Express (AXP) Q3 Earnings Surpass Estimates — Oct 18th, 2024

American Express (AXP) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings su...

American Express (AXP) Reports Q3 Earnings: What Key Metrics Have to Say — Oct 18th, 2024

American Express (AXP) reported $16.64 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $3.49 for the same period compares to $3.30 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $16.64 billion, r...

A Mixed Bag on Mixed Stock Market Data (revised) — Oct 18th, 2024

Friday, October 18th, 2024 We’re in a curious holding pattern of sorts in this morning’s pre-market trading. Investors are feeling the ceiling just above their heads currently, with the Dow still in the midst of setting new all-time closing highs, and the S&P 500 not far behind. The...

American Express Reports Strong Q3 Earnings Growth — Oct 19th, 2024

https://www.tipranks.com/news/company-announcements/american-express-reports-strong-q3-earnings-growth The latest announcement is out from American Express ( (AXP) ). American Express announced robust third-quarter results, with earnings per share rising to $3.49 and revenues hitting a r...

American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook — Oct 18th, 2024

American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook American Express Co’s (NYSE:AXP) third-quarter revenue (net of interest expense) grew 8% year-on-year to $16.64 billion, marginally missing the analyst consensus estimate of $16.67 billion...

American Express Co (AXP) Q3 2024 Earnings Call Highlights: Record Revenues and Raised EPS Guidance — Oct 19th, 2024

Earnings Per Share (EPS): $3.49 for Q3 2024. Revenue: $16.6 billion, up 8% year-over-year. Full-Year EPS Guidance: Raised to $13.75 - $14.05. Revenue Growth Expectation: Around 9% for the full year. Net Card Fees Growth: 18% on an FX-adjusted basis. Bill Business Growth: 6% on an FX-adjust...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...

A Mixed Bag on Mixed Stock Market Data (revised) — Oct 18th, 2024

Friday, October 18th, 2024 We’re in a curious holding pattern of sorts in this morning’s pre-market trading. Investors are feeling the ceiling just above their heads currently, with the Dow still in the midst of setting new all-time closing highs, and the S&P 500 not far behind. The...

American Express Third Quarter 2024 Earnings: EPS Beats Expectations — Oct 19th, 2024

American Express (NYSE:AXP) Third Quarter 2024 Results Key Financial Results Revenue: US$16.0b (up 13% from 3Q 2023). Net income: US$2.51b (up 3.7% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$3.54 (up from US...