American Express (AXP 2.85%) might not seem like a recession-resistant business, but you might be surprised. While it certainly has some vulnerability to a bad economy, Amex also has an affluent clientele and excellent asset quality that should allow the business to weather the storm better than its peers.
With overall momentum on its side, AXP remains confident in its growth trajectory.
Investors interested in stocks from the Financial - Miscellaneous Services sector have probably already heard of Orix (IX) and American Express (AXP). But which of these two stocks presents investors with the better value opportunity right now?
The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop of fresh tariff headlines, stubborn inflation and a rate path that is anything but clear. Yet the collective tone was anything but gloomy.
American Express Company (NYSE:AXP ) Q1 2025 Earnings Conference Call April 17, 2025 8:30 AM ET Company Participants Kartik Ramachandran - Head, IR Stephen Squeri - Chairman & CEO Christophe Le Caillec - CFO Conference Call Participants Sanjay Sakhrani - KBW Mark DeVries - Deutsche Bank Don Fandetti - Wells Fargo Richard Shane - JPMorgan Erika Najarian - UBS Jeffrey Adelson - Morgan Stanley Craig Maurer - FT Partners Cristopher Kennedy - William Blair Terry Ma - Barclays Gus Gala - MCH Robert Wildhack - Autonomous Research Mihir Bhatia - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q1 2025 Earnings Call.
The headline numbers for American Express (AXP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
American Express (AXP) came out with quarterly earnings of $3.64 per share, beating the Zacks Consensus Estimate of $3.45 per share. This compares to earnings of $3.33 per share a year ago.
AXP is likely to have witnessed a rise in network volumes and lower profits from Global Merchant and Network Services during the first quarter.
Besides Wall Street's top -and-bottom-line estimates for American Express (AXP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
The stock market is on a volatility roller coaster. After falling sharply in recent weeks, the S&P 500 index closed up over 10% on April 9 thanks to an announcement by the Trump administration about a pause on tariffs over the next 90 days for countries around the world (excluding China), a big walk back from just a few days ago.
In just a few short weeks, the new presidential administration in the United States has upended global financial markets through an aggressive tariffing strategy against countries like China. As of this writing, the S&P 500 is in a 19% drawdown and close to triggering an official bear market.
American Express (AXP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.