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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| American Express Company | NYSE:AXP | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.71 | -0.74% | 230.79 | 233.35 | 229.13 | 233.26 | 3,202,527 | 01:00:00 |
From May 2022 to May 2024
By Will Feuer
American Express Co. said it is likely to see its full-year earnings top its previous guidance after the credit-card company posted better-than-expected results for the third quarter.
The New York City-based company said it expects full-year earnings to come in above its forecast of between $9.25 a share and $9.65 a share. According to FactSet, analysts were already expecting full-year earnings of about $9.92 a share.
American Express said it still expects full-year revenue growth of between 23% and 25%.
The view comes after American Express posted higher revenue in the three months ended Sept. 30, boosted by a surge in travel spending as well as growth in spending on goods and services.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
October 21, 2022 07:21 ET (11:21 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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