The actions of American Express Company (AXP) closed at $270.91 on Tuesday0.85% more on the day. American Express’s stock price has risen 43.3% so far this year, more than the 11.9% gain recorded by the broader Dow Jones Industrial Average (DJIA).
On Tuesday, the DJIA rose 0.13% to close at 42,191.33 points. The three leaders were Salesforce (CRM), UnitedHealth Group Incorporated (UNH) and American Express Company (AXP)while the three stragglers were Nike (NKE), Merck (MRK) and Intel (INTC).
Coming back to American Express Company, its latest second quarter earnings report showed that earnings per share (EPS) was $3.49. Revenue, for its part, stood at $16.33 billion. American Express Company’s next earnings report will be released on October 18.
Analysts expect American Express Company’s earnings per share to be $3.29 for the third quarter, while revenue is expected to be $16.65 billion.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.