
Young Customers are Driving Growth Higher at American Express (AXP)
American Express (AXP) is seeing success with Millennials and Zoomers as these consumers spent 30% more than they did a year ago.
American Express (AXP) is seeing success with Millennials and Zoomers as these consumers spent 30% more than they did a year ago.
In my first look at American Express (AXP) in 2 years it seems to be like this is a 10% grower long-term (if that’s good enough for you).
American Express (AXP) is seeing softness in this Coronavirus market, and it may take a while to bounce-back.
American Express (AXP) has a P/E of only 15, compared to the S&P 500’s 19 P/E. And AXP is growing faster than the S&P.
American Express (AXP) is expected to report qtrly profits (EPS) and revenues:
Profits Estimates: $2.68 vs. $2.73 = -2%
Rev Est: $14,013 vs. $11,735 = +19%