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American Express to Participate in Upcoming Investor Conferences

American Express to Participate in Upcoming Investor Conferences
valdostadailytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from valdostadailytimes.com Daily Mail and Mail on Sunday newspapers.

American Express Company (NYSE:AXP) Q1 2024 Earnings Call Transcript

American Express Company (NYSE:AXP) Q1 2024 Earnings Call Transcript April 19, 2024 American Express Company beats earnings expectations. Reported EPS is $3.33, expectations were $2.97. AXP isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for […]

American Express reports that T&E spending rose 4% in Q1: Travel Weekly

American Express reports that T&E spending rose 4% in Q1: Travel Weekly
travelweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelweekly.com Daily Mail and Mail on Sunday newspapers.

Affluent young drive American Express to bumper profits

Spending by younger cardholders rises by 15 per cent over the previous quarter

American Express beats profit estimates amid strong spending by wealthy customers

(Reuters) -American Express's first-quarter profit vaulted past Wall Street estimates on Friday, driven by an affluent customer base that increased spending as recession fears ebbed. Amid a turbulent landscape in which concerns over the financial well-being of lower-income consumers have troubled several lenders, American Express's clientele has shielded the company from significant impact and left it largely unscathed by the challenges that hurt others in the industry. The New York-based company reported a profit of $3.33 a share for the three months ended March 31, sailing past analysts' average expectation of $2.96 a share, according to LSEG data.

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