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American Express profit rises in Q3
American Express Beats Q3 Profit Forecast Despite Inflation Concerns
American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, many of whom are holding balances. For the period ending September 30, the credit card giant earned $2.51 billion, or $3.49 per share, compared to $2.45 billion, or $3.30 per share, in the same period a year earlier.
American Express profit rises in Q3 as card members continue to spend
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to spend, with many holding a balance.
American Express: Q3 Earnings Snapshot
The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.27 per share.
AXP Earnings: American Express Reports Mixed Q3 Results, Raises Forecast
American Express ($AXP) reported mixed results for the third quarter. The payments processing company generated earnings of $3.49 per share, up
15h
The US Consumer Is Healthy And This 10% Dividend Will Profit
I think we can all agree that America’s economy depends on consumers buying things. For us income investors, then, the ...
2d
SLB quarterly profit beats; warns of muted fourth quarter revenue
Oilfield services firm SLB's third-quarter profit rose 13% and beat analysts' estimates on Friday on steady demand for its ...
4d
on MSN
CSX profit rose 8% in the third quarter but hurricane damage will impact current period
CSX delivered 3% more shipments in the third quarter to help drive its profit 8% higher. But only modest volume growth is ...
13d
on MSN
Profit on the ground: How Hurricane Helene is still robbing Georgia farmers
"That's
profit
on the ground right there," sighed one farmer on Sunday morning along Brown Road in Hephzibah. Georgia has ...
5d
Adidas Lifts Profit Target Again Amid Retro Sneaker Demand
Adidas AG raised its annual profit target for the third quarter in a row amid the sustained boom for retro sneakers like the ...
2d
on MSN
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
Microsoft and OpenAI are reportedly negotiating over how much equity the former will get in OpenAI once OpenAI converts to a ...
1h
on MSN
How Do Operating Expenses Affect Profit?
The relationship between operating expenses and profit can be seen most directly when looking at operating profit, or the profit before income and taxes.
4h
Nick Scali issues profit warning as rising freight costs bite
The furniture retailer warned that unexpected freight rates would hurt profitability in the first half, sending its shares ...
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