Express

American Express Shares Rise As Earnings Surpass Expectations

Ramsey Baker

Summary: American Express posted fourth-quarter results that surpassed analyst expectations, causing the stock to grow as card fee revenues were higher than expected. This latest news caused shares to go up 2.4% during Friday’s premarket trading. American Express stated that the driving force behind their stronger-than-forecast profit was a “well-balanced mix” in fee, spending and lending ...

American Express posted fourth-quarter results that surpassed analyst expectations, causing the stock to grow as card fee revenues were higher than expected.

This latest news caused shares to go up 2.4% during Friday’s premarket trading. American Express stated that the driving force behind their stronger-than-forecast profit was a “well-balanced mix” in fee, spending and lending revenues.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: American Express Shares Rise As Earnings Surpass Expectations   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago

    • You need to login to comment.