American Express Backs FY23 Outlook - Update

RTTNews | 238 hari yang lalu
American Express Backs FY23 Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Friday, American Express Co. (AXP) backed its earnings and revenue growth guidance for the full-year 2023.

For fiscal 2023, the company continues to project earnings in the range of $11.00 to $11.40 per share on revenue growth of 15 to 17 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.10 per share on revenue growth of 14.8 percent to $60.67 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
American Express Q3 Results Top Estimates; Reaffirms Outlook

American Express Q3 Results Top Estimates; Reaffirms Outlook

Integrated payments company American Express reported on Friday the net profit for the first quarter grew 35 percent from last year, driven by revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Both earnings per share quarterly revenues topped analysts' estimates. The company also reaffirmed its earnings and revenue guidance for fiscal 2024.
RTTNews | 56 hari yang lalu
American Express Q3 Profit Up 3%, Tops Estimates

American Express Q3 Profit Up 3%, Tops Estimates

Integrated payments company American Express reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Earnings per share topped analysts' estimates, while quarterly revenues missed it by a whisker.
RTTNews | 602 hari yang lalu
Swiss Market Ends Weak For 2nd Straight Day

Swiss Market Ends Weak For 2nd Straight Day

The Switzerland market ended weak on Friday, extending losses from the previous session, amid political tensions in Europe, and continued uncertainty about interest rates.
RTTNews | 5j 5min yang lalu
Pound Falls Amid Risk Aversion

Pound Falls Amid Risk Aversion

The pound lost ground against its major counterparts on Friday, as European shares fell amid persistent concerns about the upcoming parliamentary elections in France.
RTTNews | 7j 1min yang lalu
U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June

U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June

The University of Michigan released preliminary data on Friday unexpectedly showing a continued deterioration in U.S. consumer sentiment in the month of June. The report said the consumer sentiment index fell to 65.6 in June after tumbling to 69.1 in May. Economists had expected the index to rebound to 72.0.
RTTNews | 7j 57min yang lalu