BUZZ-PREVIEW: American Express EPS, revenue seen rising in Q1
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American Expressshares fell 2.3% to $251.82 ahead of Q1 results expected to show EPS of $3.47 and revenue of $16.94 billion, compared to last year's $3.33 EPS and $15.80 billion revenue. AXP has consistently met or exceeded EPS expectations for four quarters, but missed revenue in Q3 2024. Among 31 analysts, there are 12 "strong buy" or "buy," 17 "hold," and 2 "sell" ratings, with a median price target of $282.50, down from $316.40 a month ago. AXP shares are down nearly 15% YTD, contrasting with a >6% drop in the Dow Industrials.
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