AmEx profit beats estimates on strength in overseas market
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Oppenheimer Remains Sidelined on American Express (AXP) Following 2Q Report
July 21, 2016 10:13 AM EDTOppenheimer reiterated a Perform rating on American Express (NYSE: AXP) following the company's 2Q earnings report. Total revenues were $8.2B compared to the consensus of $8.3B. Pretax earnings were $2.3B, in line with estimates. Management reiterated their $5.40-$5.70 adjusted EPS guidance range for 2016.... More
Jefferies Remains Sidelined on American Express (AXP) Following 2Q Report
July 21, 2016 8:58 AM EDTJefferies reiterated a Hold rating and $60.00 price target on American Express (NYSE: AXP) following the company's 2Q earnings report. AXP reported adjusted EPS of $1.49 versus estimates of $1.10.
Analyst John Hecht commented, "AXP reported 2Q16 GAAP EPS of $2.10, modestly higher than consensus. When... More
