Executive Stephen Squeri News Today

By Ben Glickman American Express posted higher profit in the first quarter as the companys cardholders continued to spend. The New York-based credit card company on Friday reported a...

Amex came in ahead of Wall Street expectations with its financial forecasts for 2024.

By Will Feuer American Express issued a strong earnings outlook for 2024 after robust consumer spending pushed the companys financial results higher in the fourth quarter of 2023. The New...

American Express easily topped profit expectations for its third quarter, while calling out healthy spending and 'strong' credit metrics.

By Will Feuer American Express posted higher revenue in the second quarter as consumers continued to spend on travel, entertainment and restaurants. The New...

American Express Co. said Friday that it saw another all-time high in spending through its card products during the latest quarter.

'Our weekly data shows that travel and entertainment spending has recently stabilized in the low to mid-single digits,' Citi's Arren Cyganovich said.

Shares fell as much as 7% to a near three-month low of $154.01 as expenses surged 22% to $11.1 billion in the first quarter, higher than expectations of $10.4 billion.

American Express Co.'s profit missed Wall Street estimates on Thursday despite higher spending by its customers as the ...

By Will Feuer American Express Co. posted a 22% jump in revenue for the first three months of the year as Americans kept spending, particularly on travel, entertainment and restaurants. ... | April 20, 2023