Will American Express Company NYSE:AXP meet your expectations?

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Will American Express Company NYSE:AXP meet your expectations?

American Express Company NYSE:AXP

American Express Company is stock market daily expected to report earnings on 04/18/2018 after market close. The report will be for the fiscal Quarter ending Mar 2018. According to Investment Research, based on 11 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.73. The reported EPS for the same quarter last year was $1.34.

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Overview of American Express Company NYSE:AXP

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its charge card, credit card, and traveler’s cheque businesses.

In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the US. As of December 31, 2016, the company had 109.9 million cards in force, including 47.5 million cards in force in the United States, each with an average annual spending of $17,216.

In 2016, Interbrand ranked American Express as the 25th most valuable brand in the world, estimating the brand to be worth US$18.358 billion. In 2017, Fortune ranked American Express as the 17th most admired company worldwide.

The company’s logo, adopted in 1958, is a gladiator or centurion whose image appears on the company’s traveler’s cheques, charge cards and credit cards.

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