american express profit news

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.

Newsweek on MSN · 1d

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, many of whom are holding balances. For the period ending September 30, the credit card giant earned $2.51 billion, or $3.49 per share, compared to $2.45 billion, or $3.30 per share, in the same period a year earlier.

Investopedia on MSN · 1d

American Express Tops Profit Estimates, Raises Full-Year Outlook

American Express narrowly missed third-quarter revenue estimates Friday morning, but managed to surpass them for net interest income and profit, and lifted its full-year earnings-per-share projection.

TipRanks on MSN12d

American Express (AXP): Profit Margin Growth Signals a Buying Opportunity

I have been bullish on American Express for a while due to its rising profit margins and ability to gain market share in the ...

American Express’s quarterly profit exceeds expectations on cost control

AmEx’s discount revenue – the fee it earns from merchants for facilitating transactions – grew 4 per cent to $8.78-billion in ...

Nasdaq1mon

Is American Express (NYSE:AXP) the Best Credit Card Stock?

American Express (AXP) has outperformed most credit card stocks while presenting more upside for long-term investors, prompting me to be bullish. Rising profit margins, strong sales growth ...

The Manila Times on MSN1d

AmEx profit beats estimate on robust customer spending

AMERICAN Express reported third-quarter profit above Wall Street estimates on Friday, as higher spending on its cards offset a hit from bigger provisions for credit losses.

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