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

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 8 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago

    • You need to login to comment.