American Express Co. closed 2.25% below its 52-week high of $326.28, which the company achieved on January 23rd.
Key Takeaways U.S. equities were little changed at midday after a strong week that saw the S&P 500 set a record high.American Express's 2025 revenue guidance was mostly short of analysts' estimates.Verizon Communications posted better-than-expected results as it benefited from higher prices.
In addition to an earnings beat, American Express disclosed a 17% increase to its quarterly dividend. Here's what that means for the Dow Jones stock.
Wells Fargo raised the firm’s price target on American Express (AXP) to $370 from $355 and keeps an Overweight rating on the shares. The firm
American Express shares fell 1.4% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion ...
American Express expects full-year earnings to be $15 to $15.50 per share. American Express shares have climbed roughly 10% since the beginning of the year, while the S&P's 500 index has climbed 28%. The stock has increased 76% in the last 12 months.
The Vanguard U.S. Momentum Factor ETF ( VFMO 0.09%) narrowly beat the S&P 500 in 2024. But it is already up 6.3% year to date as of Jan. 26, outperforming the S&P 500's 3.7% gain.
ET, the Dow Jones Industrial Average fell 0.12 per cent, the S&P 500 gained 0.01 per cent, the Nasdaq Composite lost 0.03 per cent
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
American Express on Friday narrowly beat earnings expectations for the holiday quarter, raised the dividend and provided 2025 guidance. American Express stock, a Dow Jones component, fell back into buy range.
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
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