What to Expect from American Express's Earnings
Portfolio Pulse from Benzinga Insights
American Express (NYSE:AXP) is set to release its quarterly earnings on October 18, 2024. Analysts expect an EPS of $3.28. The company's past performance shows mixed stock price reactions to earnings beats. Currently, AXP has a Neutral consensus rating with a potential downside based on the average price target. The company's strong revenue growth and financial metrics position it well among peers.
October 17, 2024 | 2:01 pm
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American Express is expected to report an EPS of $3.28. The stock has shown mixed reactions to past earnings beats. Analysts have a Neutral rating with a potential downside based on the average price target. Strong financial metrics position the company well.
The upcoming earnings report is crucial for AXP as it could influence short-term stock price movements. Despite past earnings beats, the stock has shown mixed reactions, indicating uncertainty. The Neutral analyst rating and potential downside suggest cautious investor sentiment. However, AXP's strong financial metrics and market position could provide support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100