American Express Company (NYSE:AXP) will release earnings for its first quarter before the opening bell on Thursday, April 23.
Analysts expect the company to report quarterly earnings of $3.99 per share. That’s up from $3.64 per share in the year-ago period. The consensus estimate for American Express quarterly revenue is $18.61 billion (it reported $16.97 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, a Morgan Stanley analyst on April 16 maintained American Express at an Equal-Weight rating and cut the price target from $395 to $385.
With the recent buzz around American Express, some investors may be eyeing potential gains from the company’s dividends too. As of now, American Express has an annual dividend yield of 1.15%, which is a quarterly dividend amount of 95 cents per share ($3.80 a year).
To figure out how to earn $500 monthly from American Express, we …
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