American Express Company
- American Express declined 5% to $271.68 after the financial service company reported weaker-than-expected quarterly results.
Total revenue net of interest expenses in the third quarter increased 8% to $16.6 billion from $15.4 billion, net income advanced 2% to $2.50 from $2.45 billion, and diluted earnings per share rose 6% to $3.49 from $3.30 a year ago.
The company reiterated its full-year revenue growth at around 9% and lifted its annual earnings per share outlook to between $13.75 and $14.05 from the previous range between $13.30 and $13.80.
Oct 18, 2024 - American Express Company rose 3.2% to $194.10 after the company reported mixed quarterly results.
Total revenue net of interest expense increased 11% to $15.8 billion from $14.1 billion, net income rose 23% to $1.93 billion from $1.57 billion, and diluted earnings per share advanced 27% to $2.62 from $2.02 a year ago.
Business billed in the quarter increased by 6% to $379.8 billion from $357.4 billion a year ago.
Total provision for credit losses increased by 40% to $1.4 billion from $1.0 billion a year ago.
Full-year 2023 revenue increased 14% to $60.5 billion, and net income rose to $8.4 billion, or $11.21 per share, compared with net income of $7.5 billion, or $9.85 per share, a year ago.
Jan 26, 2024 - American Express declined 3.3% to $170.89 after the payment processor reported weaker-than-expected revenue but earnings were ahead of market expectations.
Total revenue net of interest expense in the second quarter increased 12% to $15 billion from $13.4 billion and net income increased 11% to $2.2 billion from $2.0 billion and diluted earnings per share advanced to $2.89 from $2.57 a year ago.
Total network volumes increased 8% to $426.6 billion from $394.8 billion and total provision for credit losses rose to $1.2 billion from $410 million a year ago.
Jul 21, 2023 - American Express Company, the payment processor, said revenue rose but net income declined in the first quarter ending in March.
Revenue in the first quarter increased 22% to $14.3 billion and net income fell 13% to $1.8 billion from $2.1 billion and diluted earnings per share declined to $2.40 from $2.73 a year ago.
Apr 20, 2023 - American Express said fourth quarter revenue rose 17% to $14.2 billion and net income eased to $1.6 billion from $1.7 billion and diluted EPS fell to $2.07 from $2.18 a year ago.
Jan 27, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.40 | 2.89 | 3.30 | - | - | |
| 2022 | 2.73 | 2.57 | 2.47 | 2.08 | 9.85 | |
| 2021 | 2.74 | 2.8 | 2.27 | 2.21 | 10.02 | |
| 2020 | 0.41 | 0.29 | 1.3 | 1.77 | 3.77 | |
| 2019 | 1.8 | 2.07 | 2.08 | 2.04 | 7.99 | |
| 2018 | 1.86 | 1.84 | 1.88 | 2.33 | 7.91 | |
| 2017 | 1.34 | 1.47 | 1.50 | 1.58 | 5.89 | |
| 2016 | 1.45 | 2.10 | 1.24 | 0.91 | 5.7 | |
| 2015 | 1.48 | 1.42 | 1.24 | 1.23 | 5.37 | |
| 2014 | 1.33 | 1.43 | 1.40 | 1.40 | 5.56 | |
| 2013 | 1.15 | 1.27 | 1.25 | 1.21 | 4.88 | |
| 2012 | 1.07 | 1.15 | 1.09 | 0.58 | 3.89 | |
| 2011 | 0.97 | 1.10 | 1.03 | 1.02 | 4.12 | |
| 2010 | 0.73 | 0.84 | 0.90 | 0.88 | 3.35 | |
| 2009 | 0.31 | 0.09 | 0.53 | 0.61 | 1.54 | |
| 2008 | 0.85 | 0.56 | 0.70 | 0.21 | 2.32 | |
| 2007 | 0.87 | 0.88 | 0.90 | 0.69 | 3.34 | |
| 2006 | 0.69 | 0.76 | 0.79 | 0.75 | 2.99 | |
| 2005 | 0.75 | 0.81 | 0.82 | 0.59 | 2.97 |