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American Express profit rises in Q3
AmEx Profit Beats Estimate on Robust Customer Spending
Shares of the company climbed 2% before the opening bell after gaining about 53% so far this year through Thursday. Peers Mastercard and Visa have jumped 20% and 12% in 2024, respectively. AmEx's revenue rose 8% to $16.64 billion. (Reporting by Niket Nishant and Pritam Biswas in Bengaluru; Editing by Maju Samuel) Copyright 2024 Thomson Reuters.
American Express Co. Q3 Profit Increases, Beats Estimates
American Express Co. (AXP) released earnings for its third quarter that increased from the same period last year and beat the Street
American Express profit rises in Q3 as card members continue to spend
American Express' third-quarter profit topped analysts' expectations as the credit card company's cardholders continue to spend, with many holding a balance. American Express earned $2.51 billion, or $3.
Net profit rises 4.8% despite sharp rise in provisions
India's HDFC Bank beats quarterly profit forecast, margins dip slightly
HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher core lending income, while margins were slightly lower on a sequential basis.
Kotak Mahindra Bank Q2 profit rises 5% to Rs 3,344 cr
Kotak Mahindra Bank on Tuesday posted a marginal 5 per cent increase in its standalone profit to Rs 3,344 crore in the second quarter ended in September 2024. The private sector lender had recorded a net profit of Rs 3,
Kotak Mahindra bank posts 5% rise in Q2 profit
The standalone profit of Kotak Mahindra Bank for the quarter ended September 2024 has risen by 5 per cent to Rs 3,344 crore from Rs 3,191 crore in the corresponding period of last year. The total income of the bank has also been higher,
1d
SLB quarterly profit beats; warns of muted fourth quarter revenue
Oilfield services firm SLB's third-quarter profit rose 13% and beat analysts' estimates on Friday on steady demand for its ...
1d
on MSN
American Express Beats Q3 Profit Forecast Despite Inflation Concerns
American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, ...
1d
Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss
Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported ...
1d
on MSN
AmEx quarterly profit exceeds expectations on cost control
American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense ...
2d
McKinsey Warns Banks of ‘Fleeting’ Profit Rebound as Declining Rates Set to Bite
Higher profits enjoyed by global banks over the last two years could prove “fleeting,” consultants at McKinsey & Co. warned ...
2d
on MSN
Netflix’s subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming ...
2d
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a ...
2d
on MSN
ABB Posts Higher Profit, Raises 2024 Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics ...
The Washington Post
3d
CSX profit rose 8% in the third quarter but hurricane damage will impact current period
CSX’s delivered 3% more shipments in the third quarter to help drive its
profit
8% higher, but only modest volume growth is ...
1d
Huntington Bancshares beats profit estimates on capital markets strength
Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees ...
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