US0258161092 - Common Stock
Let's take a closer look at the S&P500 stocks with an unusual volume in today's session on Friday. Stay informed about the market activity below.
The Nasdaq and S&P 500 tumbled below their 50-day lines.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
AXP earnings call for the period ending March 31, 2024.
A strong quarter provides reassurance the lender is navigating the credit cycle well.
A strong quarter provides reassurance the lender is navigating the credit cycle well.
AXP stock results show that American Express beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips American Express (NYSE:AXP) just reported results for the first quarter of 2024...
These are the stocks posting the largest moves in midday trading.
Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards. The jump in profits for AmEx came largely from higher cardmember spending on their accounts as well as more balances collecting interest. AmEx takes a small percentage of each transaction spent on their cards as a fee from merchants, which was its primary business model for decades.
American Express on April 19 reported an 11% increase to $15.8B in its FY24’s first-quarter revenue as compared with $14.3 billion in 2023.
American Express (AXP) delivered earnings and revenue surprises of 12.12% and 0.28%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -American Express's first-quarter profit vaulted past Wall Street estimates on Friday, driven by an affluent customer base that increased spending as recession fears receded. Amid a turbulent landscape in which concerns over the financial well-being of lower-income consumers have troubled several lenders, American Express's clientele has shielded the company from significant impact and left it largely unscathed by the challenges others in the industry faced. Shares of the New York-based company rose about 2%, to $221.66 in premarket trading, after it reported a profit of $3.33 a share for the three months ended March, sailing past analysts' average expectation of $2.96 a share, according to LSEG data.
American Express Co. reported revenue that topped estimates in the first three months of the year as consumers continued to flock to the company’s premium credit-card offerings.
A whopping $253 billion of Berkshire Hathaway's $372 billion investment portfolio can be traced back to four brand-name, time-tested stocks.
Warren Buffett's Berkshire Hathaway has a significant stake in Apple, Bank of America, American Express, Coca-Cola, Chevron, Occidental Petroleum, and Kraft Heinz.
Warren Buffett's Berkshire Hathaway has a significant stake in Apple, Bank of America, American Express, Coca-Cola, Chevron, Occidental Petroleum, and Kraft Heinz.
These are some of the top stocks to buy now. Analysts are optimistic about these investments and believe that they can rally higher.
American Express (AXP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Wise investors know the importance of monitoring top fintech stocks to buy, whose companies gain market share and improve profit margins.
The pair both declared substantial improvements to their shareholder payouts.
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The financial services stocks could have a lot to offer even as they move steadily forward in the face of macro headwinds.