american express news

American Express Analysts Increase Their Forecasts After Q3 Earnings

American Express Co AXP company reported mixed results for the third quarter on Friday. The company said quarterly revenue (net of interest expenses) grew 8% year-on-year to $16.64 billion, marginally missing the analyst consensus estimate of $16.67 billion. Adjusted EPS of $3.49 beat the analyst consensus estimate of $3.28.

Seeking Alpha on MSN · 4d

American Express Q3 earnings to give a peak into consumer spending appetite

American Express (NYSE:AXP) earnings report is expected to land on October 18, Friday, and it will give investors a glance into consumer spending appetite. The consensus EPS Estimate is $3.29 and the consensus Revenue Estimate is $16.

Newsweek on MSN · 3d

American Express Beats Q3 Profit Forecast Despite Inflation Concerns

American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, many of whom are holding balances. For the period ending September 30, the credit card giant earned $2.51 billion, or $3.49 per share, compared to $2.45 billion, or $3.30 per share, in the same period a year earlier.

American Express to become sole owner of Swisscard

U.S. News & World Report · 17h

UBS Sells Its 50% Stake in Swisscard to American Express

ZURICH (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express, Swisscard said in a statement.

Seeking Alpha on MSN · 15h

UBS sells 50% interest in Swisscard to Amex - report

UBS (NYSE:UBS) announced the sale of its 50% stake in Swisscard to its joint venture partner American Express (NYSE:AXP), Reuters reported on Monday. This transaction will make American Express (AXP) the sole owner of Swisscard,

EconoTimes · 16h

UBS Sells Credit Suisse's Stake in Swisscard to American Express

UBS Divests Swisscard Stake to American Express UBS has announced the sale of its 50% stake in Swisscard, a credit card provider, to its joint venture partner, American Express. This strategic decision follows

American Express Earnings Show Continued Potential

American Express reported strong Q3 2024 earnings with revenue and EPS growth, supported by a share repurchase program. Click ...

American Express price target raised to $269 from $260 at TD Cowen

TD Cowen raised the firm’s price target on American Express (AXP) to $269 from $260 and keeps a Hold rating on the shares. The firm ...

8hon MSN

Travelers, American Express share losses contribute to Dow's 284-point drop

The Dow Jones Industrial Average is down Monday morning with shares of Travelers and American Express seeing the biggest losses for the price-weighted average.

Zawya1d

American Express Saudi Arabia to participate at Seamless 2024 as the exclusive sponsor of the VIP Lounge

Saudi Arabia, will also deliver a keynote on the role partnerships play in increasing the acceptance of American Express ...

American Express Positioned for Mid-Teens EPS Growth Amid Economic Challenges

In a report released today, Gustavo Gala from Monness reiterated a Buy rating on American Express (AXP – Research Report), with a price ...

3don MSN

American Express Results Show Affluent Cardmembers Strike ‘Cautious’ Tone

American Express cardholder spending, referred to as billed business, is another key metric that investors and analysts will ...

This Little-Known Amex Platinum Perk Could Be Worth 5 Times Its Cost

The Platinum Card® from American Express is one of the most expensive cards you can apply for, with a $695 annual fee (see ...

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3-Stock Lunch: CVS Health, American Express & Lamb Weston

James Demmert, Main Street Research chief investment officer, join 'Power Lunch' to discuss stock plays for three stocks.

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