American Express Stock Maintains Moderate Buy Rating Amid Earnings Beat
American Express stock has maintained its Moderate Buy rating following an earnings beat and guidance that support the company's outlook. According to MarketBeat, twenty-four analysts currently rate American Express at a consensus Moderate Buy.
The latest quarterly figures show American Express delivered earnings per share of USD 4.53 versus the consensus estimate of USD 4.41, outperforming by USD 0.12 per share or roughly 2.7%. Revenue for that same quarter increased by 10.0 percent compared to the same quarter a year earlier.
Robust profitability metrics also highlight the company's ability to convert strong card-spend volumes into shareholder returns. American Express posted a return on equity of 34.12 percent and a net margin of 15.07 percent in the latest reported quarter.