American Express Boosts FY24 Earnings Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Friday, integrated payments company American Express Co. (AXP) raised its earnings guidance for the full-year 2024, while maintaining annual revenue growth outlook.
For fiscal 2024, the company now projects earnings in a range of $13.30 to $13.80 per share, up from the prior forecast range of $12.65 to $13.15 per share. Meanwhile, the company continues to expect revenue growth of 9 to 11 percent.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $12.97 per share on revenue growth of 9.7 percent to $66.41 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
baca selengkapnya
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
|
934 hari yang lalu
American Express Backs FY23 Outlook - Update
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.
RTTNews
|
1116 hari yang lalu
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
|
1480 hari yang lalu
American Express, Delta Air Lines Launch Credit Card Made From Retired Delta Boeing 747 Aircraft
American Express (AXP) and Delta Air Lines (DAL) announced Thursday the launch of the first-ever credit card design made with the metal from a retired Delta Boeing 747 aircraft. The limited-edition card design is available exclusively for Delta SkyMiles Reserve and Reserve Business Card Members from June 16 through August 3, 2022.
RTTNews
|
1607 hari yang lalu
U.S. Wholesale Inventories Climb More Than Expected In September
Wholesale inventories in the U.S. increased by more than expected in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories climbed by 0.7 percent in September after rising by an upwardly revised 0.6 percent in August.
RTTNews
|
2 jam 52 menit yang lalu
Jobs-led Rate Hike Worries Push Dollar Higher
The U.S. Dollar extended gains against major currencies during the week ended November 6 amidst a massive spike in non-farm payrolls in the U.S. The better-than-expected jobs data increased the headroom available to the Federal Reserve to raise rates, bolstering the greenback. The payrolls-driven rally more than offset the dollar's decline that followed the midterm election results.
RTTNews
|
5 jam 23 menit yang lalu
Canadian Market Likely To Open On Positive Note
Higher Canadian and U.S. futures combined with firm precious metals prices signal a positive start for Canadian equities Monday. Oil prices declined following remarks by U.S. President Donald Trump that renewed military strikes on Iran were "highly unlikely."
RTTNews
|
5 jam 31 menit yang lalu
U.S. Dollar Falls As European Shares Trade Higher
The U.S. dollar weakened against other major currencies in the European session on Monday, as the region's stocks traded higher heading into a high-stakes week defined by speeches from a slew of European Central Bank officials, the release of U.S. inflation prints, and the latest third quarter growth estimates from many countries that could influence expectations for monetary policy.
RTTNews
|
5 jam 51 menit yang lalu
