American Express Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
American Express (NYSE: AXP) is expected to report higher Q2 earnings, with analysts forecasting $3.25 per share and $16.59 billion in revenue. Recent analyst ratings include Neutral and Overweight, with price targets ranging from $250 to $285. The company declared a quarterly dividend on its preferred shares.
July 19, 2024 | 4:28 am
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American Express is expected to report higher Q2 earnings, with analysts forecasting $3.25 per share and $16.59 billion in revenue. Recent analyst ratings include Neutral and Overweight, with price targets ranging from $250 to $285. The company also declared a quarterly dividend on its preferred shares.
The expectation of higher earnings and revenue, along with positive analyst ratings and increased price targets, suggests a likely positive impact on AXP's stock price in the short term. The declared dividend also adds to investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100