HomeMarketsEarnings360 Round: American Express (AXP)

360 Round: American Express (AXP)

Breaking down American Express (AXP) earnings, Michael Miller notes that discount revenue dragged down topline revenue growth, with spending driven by new cards. Overall, he calls the quarter solid. Andrew Graham says AXP’s defensive nature is fully baked into the price as investors look for safe havens.

Trading 360

18 Oct 2024

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