American Express Sees 2024 Revenue Growth 9-11%, EPS $12.65-$13.15 vs $12.08 Est.
Portfolio Pulse from Benzinga Newsdesk
American Express forecasts its 2024 revenue growth to be between 9-11% and expects its earnings per share (EPS) to range from $12.65 to $13.15, compared to the estimated $12.08.
April 19, 2024 | 11:02 am
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American Express anticipates a 9-11% revenue growth and an EPS of $12.65-$13.15 for 2024, exceeding the $12.08 estimate.
The positive forecast from American Express regarding its 2024 revenue growth and EPS significantly surpassing the estimated figures suggests a strong financial outlook. This is likely to instill confidence among investors and could lead to an uptick in the stock price in the short term, as the market reacts to the optimistic projections.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100