American Express Backs FY23 Outlook - Update

RTTNews | 231 ngày trước
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 | 49 ngày trước
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 | 595 ngày trước
GameStop Stock Surges On News Of Roaring Kitty Scheduling Livestream

GameStop Stock Surges On News Of Roaring Kitty Scheduling Livestream

GameStop Corp. shares jumped 48 percent on Thursday after the video game retailer's investor Keith Gill, famously known as "Roaring Kitty", scheduled a livestream. The shares further gained significantly in the after-hours trading as well as in pre market activity on the NYSE earlier on Friday. However, the shares are now down around 8%.
RTTNews | 4h 7phút trước
Sensex, Nifty Rise Over 2% As RBI Ups GDP Forecast

Sensex, Nifty Rise Over 2% As RBI Ups GDP Forecast

Indian shares posted strong gains on Friday as weak U.S. data spurred hopes for a Fed rate cut this year and the RBI left the repo rate unchanged at 6.5 percent in its second meeting of FY25 while raising its GDP growth projection to 7.2 percent for 2024-25 from 7 percent earlier.
RTTNews | 5h 11phút trước
European Shares Fall Amid Data Deluge

European Shares Fall Amid Data Deluge

European stocks fell in cautious trade on Friday as focus shifted to the U.S. jobs report due later in the day that could influence the timing and pace of Fed rate cuts.
RTTNews | 6h 11phút trước