American Express (AXP) January weekly 155 straddle priced into quarter results

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American Express (AXP) sees gains on better-than-expected 2023 outlook

January 27, 2023 10:19 AM EST

American Express Company (NYSE: AXP) is up 9.71% in early trading on Friday following the financial service companys 4Q earning report. AXP reported 4Q22 GAAP EPS came in at $2.07 vs. the consensus of $2.23. Relative to consensus, the EPS miss was characterized by lower PPNR and a higher provision. Total provision expenses of $1,027mn was $0.24/sh above consensus... More