American Express Q4 Earnings Preview: Financial Insights, Investment Factors, Analyst Consensus
Portfolio Pulse from Surbhi Jain
American Express (NYSE:AXP) is set to announce Q4 earnings on Jan. 26 with expectations of $2.64 EPS and $16 billion in revenues. The company has shown financial strength with six quarters of record revenue and is anticipated to continue this trend. Analysts will focus on Provisions for Credit Losses, international income, and the impact of partner policy changes and delinquencies. The stock is currently rated Neutral with a price target of $149.30, but recent targets range from $190 to $235. AXP stock was up 1.01% at $187.71.
January 25, 2024 | 4:55 pm
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POSITIVE IMPACT
American Express is expected to report strong Q4 earnings, continuing its streak of record revenues. Analysts are neutral but with higher price targets recently. The stock has risen slightly ahead of the earnings report.
The anticipation of strong Q4 earnings and the recent upward movement in stock price suggest a positive short-term impact. The company's consistent performance and the higher price targets from recent analyst ratings reinforce this outlook. However, the neutral consensus rating and the concerns over credit losses and delinquencies introduce some caution, which is why the confidence score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100