American Express' Plan Is Working, But Valuation Makes It A Hold [Seeking Alpha]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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US:NYSE Investor Relations:
ir.americanexpress.com
Company Research
Source: Seeking Alpha
The company aims to attract younger cardmembers without compromising credit quality, as they have higher spending growth and lifetime value. They plan to grow earnings faster than revenue through a combination of increased operational leverage and buybacks. The current valuation is reasonable but doesn't provide much margin of safety. American Express ( NYSE: AXP ) is a growth company. For those who haven't been following the story closely, this may seem a surprising or even absurd statement. But it's true. The company is currently promising and delivering growth above what long-time shareholders were used Recommended For You Recommended For You
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AXP
News
- Why the Market Dipped But American Express (AXP) Gained Today [Yahoo! Finance]Yahoo! Finance
- I Downgraded My Chase Sapphire Reserve After 8 Years. Here's Why [CNET News]CNET News
- American Express Plans Live Audio Webcast of Second Quarter 2024 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
- American Express Plans Live Audio Webcast of Second Quarter 2024 Earnings Conference CallBusiness Wire
- Aeroplan is the credit card transfer partner you didn't know you needed. Here's why. [Yahoo! Finance]Yahoo! Finance
AXP
Earnings
- 4/19/24 - Beat
AXP
Sec Filings
- 6/17/24 - Form 4
- 6/17/24 - Form 11-K
- 6/17/24 - Form 8-K
- AXP's page on the SEC website