American Express Shares Fall on Estimated Revenue Growth Deceleration in Q1

MT Newswires Live
02-11

American Express (AXP) shares fell 2.7% in recent Monday trading after Chief Financial Officer Christophe Le Caillec said Q1 revenue growth would be lower than Q4 growth.

Considering there's one less day this year as 2024 was a leap year, along with the strength of the US dollar being a headwind, "the revenue growth should be either, you know, lower than what we had in Q4 and [earnings per share] should adjust as well accordingly," Le Caillec said during the UBS Financial Services Conference, according to a FactSet transcript.

American Express, however, remains confident in its annual guidance, Le Caillec added.

The company previously said it was expecting 2025 revenue growth of 8% to 10% and EPS of $15 to $15.50. Analysts polled by FactSet expect revenue of $71.66 billion and EPS of $15.31.

Price: 308.37, Change: -8.40, Percent Change: -2.65

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10