American Express Company stock closes 0.85% higher

The American Express Company (AXP) closed at $270.91 on Tuesday, 0.85% higher on the day. American Express stock price has increased 43.3% so far this year, more than the 11.9% advanced registered by the overall Dow Jones Industrial Average (DJIA) index.

On Tuesday, the DJIA by0.13% to close at 42,191.33 points. The three leaders were Salesforce (CRM), UnitedHealth Group Incorporated (UNH) and American Express Company (AXP), while the three laggards were Nike (NKE), Merck (MRK) and Intel (INTC).

Back to American Express Company, its latest earnings report from fiscal Q2 showed that earnings per share (EPS) were at $3.49. Revenue, meanwhile, stood at $16.33 billion. The next earnings report for American Express Company will be published on October 18.

Analysts expect American Express Company’s earnings per share to come in at $3.29 for Q3, while revenue is seen at $16.65 billion.

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Source: https://www.fxstreet.com/news/american-express-company-stock-closes-085-higher-202410022038