American Express Reports Second-Quarter Revenue of $7.7 Billion and Earnings Per Share of $0.29
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
American Express (AXP) PT Raised to $100 at BMO Capital Following 2Q
July 27, 2020 6:57 AM EDTBMO Capital analyst James Fotheringham raised the price target on American Express (NYSE: AXP) to $100.00 (from $96.00) while maintaining a Market Perform rating following the company's 2Q. AXPs core EPS of $0.58 beat consensus of -$0.08; lower-than-expected credit provisions and operating expenses more than offset... More
American Express (AXP) PT Lowered to $110 at Susquehanna
July 24, 2020 1:46 PM EDTSusquehanna analyst James Friedman lowered the price target on American Express (NYSE: AXP) to $110.00 (from $120.00) while maintaining a Positive rating.
... MoreAmerican Express (AXP) Tops Q2 EPS by 40c, Revenues Miss
July 24, 2020 7:02 AM EDTAmerican Express (NYSE: AXP) reported Q2 EPS of $0.29, $0.40 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $7.77 billion versus the consensus estimate of $8.15 billion.
Second-quarter consolidated total revenues net of interest expense were $7.7 billion, down 29 percent from $10.8 billion a year ago. The quarter primarily reflected a decline in Card Member spending and a lower average discount rate compared to the prior year.Consolidated provisions for losses were $1.6 billion, up from $861 million a year ago. The increase was primarily driven by a reserve build of $628 million.2 The reserve build... More