American Express Reports Fourth Quarter Earnings Per Share of $2.32 and Full Year EPS of $7.91

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American Express (AXP) PT Raised to $95 at RBC Capital

January 18, 2019 6:53 AM EST

RBC Capital analyst Jason Arnold raised the price target on American Express (NYSE: AXP) to $95.00 (from $91.00) while maintaining a Underperform rating.

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American Express (AXP) Tops Q4 EPS by 52c, Offers Guidance

January 17, 2019 4:05 PM EST

American Express (NYSE: AXP) reported Q4 EPS of $2.32, $0.52 better than the analyst estimate of $1.80. Revenue for the quarter came in at $10.5 billion versus the consensus estimate of $10.56 billion.

We continue to see very good returns on the investments weve been making to gain share and add scale, said Stephen J. Squeri, chairman and chief executive officer. Our growth throughout 2018 was broad-based and well-balanced across geographies and business lines. Card Member spending rose an fx-adjusted 8 percent, lapping a strong... More