AmEx's third-quarter profit tops estimates on robust spending
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American Express (AXP) raised at Piper Sandler as EPS growth slowdown now priced in
October 24, 2023 12:10 PM EDTPiper Sandler analyst Kevin Barker upgraded shares of American Express (NYSE: AXP) to Neutral from Underweight on Tuesday, raising the price target by just $1 to $151 per share.
The analyst told investors they are upgrading the stock as the slowdown in the... More
American Express (AXP) shares fall despite topping Q3 expectations
October 20, 2023 11:31 AM EDTAmerican Express (NYSE: AXP) shares fell more than 4% Friday after the company reported earnings for its latest quarter.
The bank posted earnings of $3.30 per share, $0.34 better than the analyst estimate of $2.96, while revenue for the quarter came in at $15.38 billion versus the consensus estimate of $15.37 billion.
We reported another quarter of record revenues and earnings per share, which increased... More
