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. Click here to read why AXP is a Buy.
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 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 over the holidays, a tailwind the firm said it expects will continue.
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 Christophe Le Caillec told CNBC.
American Express Revenue Surges on Holiday Spending -- Update
American Express benefited during the holidays as consumers turned to the company's credit cards to fund their purchases. Executives expect those spending habits to continue in 2025. The credit-card company forecast revenue growth between 8% and 10% as well as earnings per-share in the range of $15 and $15.
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 down 3% to $316.
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 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 ...
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 ...
American Express Revenue Outlook: Balanced Growth Prospects with Potential Upside
Morgan Stanley analyst Jeffrey Adelson maintained a Hold rating on American Express (AXP – Research Report) today and set a price target of ...