American Express aka AmEx NYSE: AXP karty płatnicze
Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express hikes dividend by 20 percent. $AXP
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express Stock Dips on Soft Guidance, Analysts Stay Positive
American Express (NYSE:AXP) reported better-than-expected Q1 revenue of $11.74 billion, compared to analyst estimates of $11.63 billion. The also company reported Q1 EPS of $2.73, topping the consensus estimates of $2.39 per share.
Total expenses in the quarter stood at $9.06 billion, up 34% YoY and above analyst expectations of $8.85 billion. The financial services company reported a network volume of $350.3 billion, up 30% YoY and above the consensus estimates of $344.99 billion.
For FY, AXP still expects EPS in the range of $9.25 to $9.65, below the estimated $9.72 per share. The company expects revenue growth of more than 10% and EPS growth in the mid-teens in 2024 and afterward.
“Our strong first-quarter results demonstrated the continued business momentum we’ve achieved over the last several quarters despite the uncertain macro environment… Travel and Entertainment spending was up 121 percent on an FX-adjusted basis over a year ago and essentially reached pre-pandemic levels globally for the first time in March, driven by continued strength in consumer travel,” commented CEO Stephen J. Squeri.
Citi analyst Arren Cyganovich says results were “largely in line as the top line outperformance and higher expenses largely offset” each other. Cyganovich added that “strong top line growth and momentum in signing up new card members supports AXP’s lofty revenue growth expectations over the intermediate term, but we see this as already priced into the shares.”
Goldman Sachs analyst Ryan Nash said AXP delivered “another decent quarter.” He sees any weakness as a good opportunity to buy AXP stock as the company offers “best in class revenue growth and improving card acquisition/card fee growth.”
“Given the fact that it reiterated top and bottom line expectations along with a negative provision, the logical conclusion is that its increasing investments/expenses (likely to get details on the call) unless any reserve builds will be back-end loaded. Shares have outperformed materially YTD on higher spend, re-opening benefits and as a hedge against inflation (+13.5% vs. SPX -8%) and given the fact that there is no “follow through” on the higher EPS (i.e. it’s not increasing guidance) we think there is a chance the stock could be soft today,” Nash added in client memo.
AXP stock price is trading moderately lower today.
American Express (NYSE:AXP) reported better-than-expected Q1 revenue of $11.74 billion, compared to analyst estimates of $11.63 billion. The also company reported Q1 EPS of $2.73, topping the consensus estimates of $2.39 per share.
Total expenses in the quarter stood at $9.06 billion, up 34% YoY and above analyst expectations of $8.85 billion. The financial services company reported a network volume of $350.3 billion, up 30% YoY and above the consensus estimates of $344.99 billion.
For FY, AXP still expects EPS in the range of $9.25 to $9.65, below the estimated $9.72 per share. The company expects revenue growth of more than 10% and EPS growth in the mid-teens in 2024 and afterward.
“Our strong first-quarter results demonstrated the continued business momentum we’ve achieved over the last several quarters despite the uncertain macro environment… Travel and Entertainment spending was up 121 percent on an FX-adjusted basis over a year ago and essentially reached pre-pandemic levels globally for the first time in March, driven by continued strength in consumer travel,” commented CEO Stephen J. Squeri.
Citi analyst Arren Cyganovich says results were “largely in line as the top line outperformance and higher expenses largely offset” each other. Cyganovich added that “strong top line growth and momentum in signing up new card members supports AXP’s lofty revenue growth expectations over the intermediate term, but we see this as already priced into the shares.”
Goldman Sachs analyst Ryan Nash said AXP delivered “another decent quarter.” He sees any weakness as a good opportunity to buy AXP stock as the company offers “best in class revenue growth and improving card acquisition/card fee growth.”
“Given the fact that it reiterated top and bottom line expectations along with a negative provision, the logical conclusion is that its increasing investments/expenses (likely to get details on the call) unless any reserve builds will be back-end loaded. Shares have outperformed materially YTD on higher spend, re-opening benefits and as a hedge against inflation (+13.5% vs. SPX -8%) and given the fact that there is no “follow through” on the higher EPS (i.e. it’s not increasing guidance) we think there is a chance the stock could be soft today,” Nash added in client memo.
AXP stock price is trading moderately lower today.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express Down as Morgan Stanley Cuts to Equal Weight on Spending Slowdown
Morgan Stanley analyst Betsy Graseck downgraded American Express (NYSE:AXP) to Equal Weight from Overweight to reflect rising recession risk.
The analyst reminds investors that a recession is only 37% priced in on a P/TBV basis. The downgrade call, as well as lowered price target to $143 from $223, is reflecting lowered estimates.
“Taking our 2023 EPS down median 7% and target multiples down median 8%, resulting in a median 15% cut to price targets. Our Base Case bakes in slowing economic growth, while our Bear Case bakes in a recession with trough multiples,” Graseck told clients in a note.
Slower consumer spending is expected to negatively impact American Express as “inflation takes a larger share of household disposable income.”
“Out of our coverage, AXP skews highest to high-end consumers, with the highest FICO skew among card lenders and subprime loans comprising only 5% of its card loan book. AXP also derives ~60% of its revenues from transaction fees on spending volumes, vs. 10-20% for most card issuers,” Graseck told clients in a note.
The slowing growth will also reduce multiples that will ultimately impact the AXP stock price.
Graseck also downgraded Capital One (NYSE:COF) to Equal Weight from Overweight on slower spending, while SEI Investments (NASDAQ:SEIC) is downgraded to Underweight from Equal Weight on weaker capital markets exposure.
Shares of American Express are down almost 3% in pre-open Tuesday.
Morgan Stanley analyst Betsy Graseck downgraded American Express (NYSE:AXP) to Equal Weight from Overweight to reflect rising recession risk.
The analyst reminds investors that a recession is only 37% priced in on a P/TBV basis. The downgrade call, as well as lowered price target to $143 from $223, is reflecting lowered estimates.
“Taking our 2023 EPS down median 7% and target multiples down median 8%, resulting in a median 15% cut to price targets. Our Base Case bakes in slowing economic growth, while our Bear Case bakes in a recession with trough multiples,” Graseck told clients in a note.
Slower consumer spending is expected to negatively impact American Express as “inflation takes a larger share of household disposable income.”
“Out of our coverage, AXP skews highest to high-end consumers, with the highest FICO skew among card lenders and subprime loans comprising only 5% of its card loan book. AXP also derives ~60% of its revenues from transaction fees on spending volumes, vs. 10-20% for most card issuers,” Graseck told clients in a note.
The slowing growth will also reduce multiples that will ultimately impact the AXP stock price.
Graseck also downgraded Capital One (NYSE:COF) to Equal Weight from Overweight on slower spending, while SEI Investments (NASDAQ:SEIC) is downgraded to Underweight from Equal Weight on weaker capital markets exposure.
Shares of American Express are down almost 3% in pre-open Tuesday.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express Shares Gain 4% After a 'Big' Beat and Raised Guidance
Shares of American Express (NYSE:AXP) are trading 4% higher in pre-open Friday after the financial company raised its full-year revenue outlook.
AXP delivered a “big” Q2 beat, according to a Goldman Sachs analyst. American Express reported an EPS of $2.57 on revenue of $13.40 billion to easily top the expected EPS of $2.39 on revenue of $12.51 billion.
The company raised its full-year revenue outlook to +23% to +25% from the prior +18% to +20%. The full-year EPS guidance that calls for $9.25 to $9.65 is maintained.
“We added 3.2 million new proprietary cards in the quarter, driven by continued strong demand for our premium products,” CEO Steve Squeri said in a statement.
On the other hand, “customer engagement costs increased, primarily driven by a 25 percent increase in network volumes and higher usage of travel-related benefits,” while operating expenses “also increased,” the company added.
...
(Reuters) -American Express Co's quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, helping the company raise its annual revenue forecast and sending its shares 5% higher.
The credit card giant also trounced estimates for April-to-June profit and joined major U.S. banks including JPMorgan Chase & Co (NYSE:JPM) in highlighting the resilience of consumer spending in the face of an uncertain economic outlook.
Chief Executive Officer Steve Squeri, however, said loss rates would rise slowly, though they would remain well below pre-pandemic levels this year.
The company added $410 million in provisions for credit losses, mirroring similar buildups at major U.S. banks, and said it expects to set aside more funds.
"What I have seen a correlation between ... people losing their jobs and not being able to pay their bills. And so that's potentially an issue down the road," Squeri said.
The number of Americans enrolling for unemployment benefits rose for a third straight week last week to the highest in eight months, signs the economy was slowing due to rising interest rates and high inflation.
TRAVEL BOOM
For now, though, AmEx is benefiting from bottled-up demand and the easing of COVID-19 curbs that have sparked the strongest summer travel season since the start of the pandemic.
Strong consumer spending has been a feature of the company's earnings for several quarters, but the recovery in international and corporate travel was the key driver this time, said Michael Miller, equity analyst at Morningstar.
He added that "a growing premium cardholder base creates a virtuous cycle for American Express (NYSE:AXP)."
The company added 3.2 million new proprietary cards in the quarter ended June 30. Its net income of $2.57 per share beat the $2.41 expected by analysts, according to Refinitiv data.
Rivals Visa (NYSE:V) and Mastercard (NYSE:MA) report earnings next week.
The analyst weighed in positively on the results as AXP delivered “big top-line beat” and “solid” overall results. However, he says some investors may be disappointed that the 2022 EPS guidance is only reiterated given a big Q2 beat.
This “implies the rest of the year is lower (~$4.35 at high-end vs. street at $4.65),” he told clients in a note.
“Our pushback would be that given QTD stock performance we think the better revenues are the key driver and while the expenses missed by more than expected, much of it can be explained by the variable nature of its expense base. So when we put it all together, shares are down almost 20% the past 3 months on macro concerns, and we believe that the better than expected top-line results and the improved guidance will push shares higher today,” the analyst added.
Shares of American Express (NYSE:AXP) are trading 4% higher in pre-open Friday after the financial company raised its full-year revenue outlook.
AXP delivered a “big” Q2 beat, according to a Goldman Sachs analyst. American Express reported an EPS of $2.57 on revenue of $13.40 billion to easily top the expected EPS of $2.39 on revenue of $12.51 billion.
The company raised its full-year revenue outlook to +23% to +25% from the prior +18% to +20%. The full-year EPS guidance that calls for $9.25 to $9.65 is maintained.
“We added 3.2 million new proprietary cards in the quarter, driven by continued strong demand for our premium products,” CEO Steve Squeri said in a statement.
On the other hand, “customer engagement costs increased, primarily driven by a 25 percent increase in network volumes and higher usage of travel-related benefits,” while operating expenses “also increased,” the company added.
...
(Reuters) -American Express Co's quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, helping the company raise its annual revenue forecast and sending its shares 5% higher.
The credit card giant also trounced estimates for April-to-June profit and joined major U.S. banks including JPMorgan Chase & Co (NYSE:JPM) in highlighting the resilience of consumer spending in the face of an uncertain economic outlook.
Chief Executive Officer Steve Squeri, however, said loss rates would rise slowly, though they would remain well below pre-pandemic levels this year.
The company added $410 million in provisions for credit losses, mirroring similar buildups at major U.S. banks, and said it expects to set aside more funds.
"What I have seen a correlation between ... people losing their jobs and not being able to pay their bills. And so that's potentially an issue down the road," Squeri said.
The number of Americans enrolling for unemployment benefits rose for a third straight week last week to the highest in eight months, signs the economy was slowing due to rising interest rates and high inflation.
TRAVEL BOOM
For now, though, AmEx is benefiting from bottled-up demand and the easing of COVID-19 curbs that have sparked the strongest summer travel season since the start of the pandemic.
Strong consumer spending has been a feature of the company's earnings for several quarters, but the recovery in international and corporate travel was the key driver this time, said Michael Miller, equity analyst at Morningstar.
He added that "a growing premium cardholder base creates a virtuous cycle for American Express (NYSE:AXP)."
The company added 3.2 million new proprietary cards in the quarter ended June 30. Its net income of $2.57 per share beat the $2.41 expected by analysts, according to Refinitiv data.
Rivals Visa (NYSE:V) and Mastercard (NYSE:MA) report earnings next week.
The analyst weighed in positively on the results as AXP delivered “big top-line beat” and “solid” overall results. However, he says some investors may be disappointed that the 2022 EPS guidance is only reiterated given a big Q2 beat.
This “implies the rest of the year is lower (~$4.35 at high-end vs. street at $4.65),” he told clients in a note.
“Our pushback would be that given QTD stock performance we think the better revenues are the key driver and while the expenses missed by more than expected, much of it can be explained by the variable nature of its expense base. So when we put it all together, shares are down almost 20% the past 3 months on macro concerns, and we believe that the better than expected top-line results and the improved guidance will push shares higher today,” the analyst added.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
Citi Concerned About American Express Over the Next 12-18 Months
Citi downgraded American Express (NYSE:AXP) to Sell from Neutral, cutting the price target to $130 from $159 per share in a note to clients on Thursday.
In a note focused on U.S. consumer finance, analysts told investors that Citi's economics team has forecast a modest U.S. recession as a base case in the second half of 2023.
"While the recession is projected to be mild, the impact to our EPS can be rather large as we are coming off of record low credit losses and are now forecasting slightly higher than normal credit losses in 2024," the analysts wrote.
Citi feels American Express is one of the stocks that could be challenged during the forecasted recession as economic data "likely worsens into next year."
"While we believe American Express is a great company with a platform for growth in the future, we are concerned about the stock over the next 12-18 months. AXP has less credit loss sensitivity than peers, but faces consumer spending cyclicality during periods of recession," added the analysts. "Our downgrade of American Express reflects our view that potential for lower billed business has not been fully contemplated by investors as spending volume in past recessions has turned negative (we are modeling a slowdown to 2% growth but not negative)."
Citi downgraded American Express (NYSE:AXP) to Sell from Neutral, cutting the price target to $130 from $159 per share in a note to clients on Thursday.
In a note focused on U.S. consumer finance, analysts told investors that Citi's economics team has forecast a modest U.S. recession as a base case in the second half of 2023.
"While the recession is projected to be mild, the impact to our EPS can be rather large as we are coming off of record low credit losses and are now forecasting slightly higher than normal credit losses in 2024," the analysts wrote.
Citi feels American Express is one of the stocks that could be challenged during the forecasted recession as economic data "likely worsens into next year."
"While we believe American Express is a great company with a platform for growth in the future, we are concerned about the stock over the next 12-18 months. AXP has less credit loss sensitivity than peers, but faces consumer spending cyclicality during periods of recession," added the analysts. "Our downgrade of American Express reflects our view that potential for lower billed business has not been fully contemplated by investors as spending volume in past recessions has turned negative (we are modeling a slowdown to 2% growth but not negative)."
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express to acquire B2B payment automation company
American Express (NYSE:AXP) announced today that the credit card service company has entered into an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payments processes.
The acquisition is the latest step in AXP's strategic step toward its goal of creating a leading end-to-end B2B platform and making business payments simpler and more efficient. The Nipendo platform works alongside a company's existing systems, allowing customers to maintain their current payments infrastructure, while benefiting from additional automation.
"Our extensive direct relationships with both buyers and suppliers puts us in a unique position to transform the way companies pay for goods and services. We are taking the friction out of B2B payments, paving the way for faster, more efficient, and transparent transactions," said Anna Marrs, Group President, Global Commercial Services and Credit & Fraud Risk at American Express. "With Nipendo, we will strengthen our expertise and capabilities in the space, and their innovative platform will give business customers common ground to connect and transact on the Amex network."
"Businesses can face a number of challenges even before they make a payment, including finding the right suppliers, managing order processes and supply chain, as well as handling discrepancies and invoice reconciliation. These traditionally paper-based processes require heavy investments of time, effort, and money," said Nipendo Co-Founder & CEO, Eyal Rosenberg. "We are honored to become a part of American Express, excited about the synergy of our mutual vision and looking forward to serving as an important component of the new business value we can offer, by efficiently streamlining B2B payments."
The acquisition is subject to customary closing conditions and is expected to close within the quarter.
Shares of AXP are up 0.10% in mid-day trading on Thursday.
American Express (NYSE:AXP) announced today that the credit card service company has entered into an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payments processes.
The acquisition is the latest step in AXP's strategic step toward its goal of creating a leading end-to-end B2B platform and making business payments simpler and more efficient. The Nipendo platform works alongside a company's existing systems, allowing customers to maintain their current payments infrastructure, while benefiting from additional automation.
"Our extensive direct relationships with both buyers and suppliers puts us in a unique position to transform the way companies pay for goods and services. We are taking the friction out of B2B payments, paving the way for faster, more efficient, and transparent transactions," said Anna Marrs, Group President, Global Commercial Services and Credit & Fraud Risk at American Express. "With Nipendo, we will strengthen our expertise and capabilities in the space, and their innovative platform will give business customers common ground to connect and transact on the Amex network."
"Businesses can face a number of challenges even before they make a payment, including finding the right suppliers, managing order processes and supply chain, as well as handling discrepancies and invoice reconciliation. These traditionally paper-based processes require heavy investments of time, effort, and money," said Nipendo Co-Founder & CEO, Eyal Rosenberg. "We are honored to become a part of American Express, excited about the synergy of our mutual vision and looking forward to serving as an important component of the new business value we can offer, by efficiently streamlining B2B payments."
The acquisition is subject to customary closing conditions and is expected to close within the quarter.
Shares of AXP are up 0.10% in mid-day trading on Thursday.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
Shares of American Express (NYSE:AXP) are down nearly 1.5% in pre-market trading after the financial services business reported lower-than-expected profit for its first quarter.
The company posted an EPS of $2.40, missing the analyst estimate of $2.66. Revenue for the quarter came in at $14.3 billion, ahead of the consensus estimate of $13.98B. Revenue increased by 22% year-over-year as network volume came close to $400B.
"Our first-quarter results reflect strong growth in Card Member spending and continued high engagement with our premium products, tracking with the full-year 2023 guidance we provided in January, which we are reaffirming today, for revenue growth of 15 percent to 17 percent and earnings per share of $11.00 to $11.40," said Stephen J. Squeri, chairman and chief executive officer.
American Express also reaffirmed its full-year forecast for revenue growth of 15-17% and EPS of $11.20.
Vital Knowledge analysts said the results were “strong despite the EPS miss.”
“The downside from driven by expenses/provisions while top line trends (revenue, customer spending, card acquisitions, etc.) were robust and the guidance is unchanged,” they said in a note.
The company posted an EPS of $2.40, missing the analyst estimate of $2.66. Revenue for the quarter came in at $14.3 billion, ahead of the consensus estimate of $13.98B. Revenue increased by 22% year-over-year as network volume came close to $400B.
"Our first-quarter results reflect strong growth in Card Member spending and continued high engagement with our premium products, tracking with the full-year 2023 guidance we provided in January, which we are reaffirming today, for revenue growth of 15 percent to 17 percent and earnings per share of $11.00 to $11.40," said Stephen J. Squeri, chairman and chief executive officer.
American Express also reaffirmed its full-year forecast for revenue growth of 15-17% and EPS of $11.20.
Vital Knowledge analysts said the results were “strong despite the EPS miss.”
“The downside from driven by expenses/provisions while top line trends (revenue, customer spending, card acquisitions, etc.) were robust and the guidance is unchanged,” they said in a note.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
Goldman Sachs rozważa ponoć zakończenie współpracy z Apple. Amerykański bank inwestycyjny miałby scedować to partnerstwo na American Express, o czym jako pierwsza poinformowała redakcja The Wall Street Journal. Strony nie skomentowały tych doniesień.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express cut to Neutral
American Express (NYSE:AXP) shares fell more than 1% premarket today after Baird downgraded the company to Neutral from Outperform with a price target of $185.00.
The company is set to report its Q2/23 earrings on July 21. Street estimates stand at $2.84 for EPS and $15.4 billion for revenues.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express earnings beat by $0.08, revenue fell short of estimates
Investing.com - American Express (NYSE: AXP) reported second quarter EPS of $2.89, $0.08 better than the analyst estimate of $2.81. Revenue for the quarter came in at $15.05B versus the consensus estimate of $15.41B.
Guidance
American Express sees FY 2023 EPS of $11.00-$11.40 versus the analyst consensus of $1.11.
American Express's stock price closed at $177.11. It is up 8.14% in the last 3 months and up 15.75% in the last 12 months.
American Express saw 13 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See American Express's stock price’s past reactions to earnings here.
According to InvestingPro, American Express's Financial Health score is "great performance".
Check out American Express's recent earnings performance, and American Express's financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Investing.com - American Express (NYSE: AXP) reported second quarter EPS of $2.89, $0.08 better than the analyst estimate of $2.81. Revenue for the quarter came in at $15.05B versus the consensus estimate of $15.41B.
Guidance
American Express sees FY 2023 EPS of $11.00-$11.40 versus the analyst consensus of $1.11.
American Express's stock price closed at $177.11. It is up 8.14% in the last 3 months and up 15.75% in the last 12 months.
American Express saw 13 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See American Express's stock price’s past reactions to earnings here.
According to InvestingPro, American Express's Financial Health score is "great performance".
Check out American Express's recent earnings performance, and American Express's financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
Piper Sandler analysts downgraded American Express (NYSE:AXP) shares to Underweight from Neutral.
They also cut the price target to $149 from the prior $172 per share.
The changes come as the analysts are “increasingly concerned AXP will have difficulty hitting its targeted 10%+ revenue growth and ~15% EPS growth with network volume experiencing a sizable slowdown.”
Moreover, Piper Sandler’s survey on the re-start of federal student debt payments suggests “the 25-34 years old age cohort will be the most impacted and likely will see slower spending combined higher default rates,” they wrote in a client note.
“Considering these negative comps developing, we expect AXP to experience some headwinds on revenue growth and operating margins which will impact 2024 earnings. Therefore, we recommend investors overweight consumer lenders already embedding a slowdown within estimates and/or valuation,” the analysts concluded.
AmEx shares fell 1.5% in pre-open Monday.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
https://www.dzbank.com/content/dam/dzba ... dzbank.png
DZ Bank downgraded American Express (NYSE:AXP) from Buy to Hold with a price target of $180.00 following last week’s Q2 results, highlighted by an EPS beat but lower-than-expected revenues. This represents the second downgrade for American Express this week.
dzbank
DZ Bank downgraded American Express (NYSE:AXP) from Buy to Hold with a price target of $180.00 following last week’s Q2 results, highlighted by an EPS beat but lower-than-expected revenues. This represents the second downgrade for American Express this week.
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Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express odnawia Business Gold Card, podnosi roczną opłatę i oferuje nowe korzyści
American Express (NYSE:AXP), znaczący gracz w branży Consumer Finance, ogłosił szereg zmian w swojej Złotej Karcie Biznesowej, w tym wzrost opłaty rocznej i dodanie nowych korzyści. Spółka, której kapitalizacja rynkowa wynosi 106,88 mld USD i wskaźnik P/E na poziomie 14,66, ogłosiła zmiany 3 października 2023 r., a wejdą one w życie od 1 lutego 2024 r.
Roczna opłata za kartę wzrośnie do 375 USD z obecnych 295 USD. W zamian za tę wyższą opłatę posiadacze kart otrzymają miesięczny kredyt Walmart + w wysokości 12,95 USD oraz elastyczny kredyt biznesowy w wysokości 20 USD na kwalifikujące się zakupy u dostawców takich jak FedEx (NYSE:FDX), Grubhub i Sklepy z artykułami biurowymi. Jest to zgodne z wysoką jakością zarobków American Express, z wolnymi przepływami pieniężnymi przekraczającymi dochód netto, jak zauważył InvestingPro Tips.
Oprócz tych zmian karta będzie teraz oferować 4x punkty za zakupy tranzytowe i opłaty za usługi telefonii bezprzewodowej do limitu wydatków w wysokości 150 000 USD. Oznacza to zmianę w programie nagród, ponieważ nagrody te były wcześniej oferowane za bilety lotnicze i zakupy wysyłki. Jest to zgodne z praktyką firmy polegającą na uzyskiwaniu wysokiego zwrotu z zainwestowanego kapitału, co jest kolejnym punktem podkreślonym przez InvestingPro Tips.
4 października potwierdzono, że Business Gold Card będzie nadal przyznawać 3x punkty na AmexTravel.com. Karta, która jest dostępna w kolorze różowego złota, oferuje 4X punkty Membership Rewards za wydatki biznesowe.
Dodatkowe funkcje zaktualizowanej karty obejmują opcję Pay Over Time i integrację Business Blueprint w celu uzyskania przeglądu finansowego. Istnieje również elastyczność w zakresie wymiany punktów Membership Rewards. Funkcje te są wspierane przez zdolność firmy do utrzymania wypłat dywidend przez 53 kolejne lata, jak wspomniano w InvestingPro Tips.
Reorganizacja Business Gold Card przez American Express podkreśla wysiłki firmy zmierzające do zapewnienia większej wartości swoim klientom poprzez zwiększone nagrody i korzyści. Oczekuje się, że zmiany spodobają się firmom, które mają znaczne wydatki na tranzyt, usługi telefonii bezprzewodowej i u uczestniczących dostawców.
Aby uzyskać więcej informacji i wskazówek na temat American Express i innych firm, rozważ subskrypcję InvestingPro, która zapewnia wskaźniki w czasie rzeczywistym i ponad 13 bezcennych wskazówek dla każdej firmy. Odwiedź InvestingPro Pricing, aby uzyskać więcej informacji.
https://www.investing.com/news/stock-ma ... CH-3189942
American Express (NYSE:AXP), znaczący gracz w branży Consumer Finance, ogłosił szereg zmian w swojej Złotej Karcie Biznesowej, w tym wzrost opłaty rocznej i dodanie nowych korzyści. Spółka, której kapitalizacja rynkowa wynosi 106,88 mld USD i wskaźnik P/E na poziomie 14,66, ogłosiła zmiany 3 października 2023 r., a wejdą one w życie od 1 lutego 2024 r.
Roczna opłata za kartę wzrośnie do 375 USD z obecnych 295 USD. W zamian za tę wyższą opłatę posiadacze kart otrzymają miesięczny kredyt Walmart + w wysokości 12,95 USD oraz elastyczny kredyt biznesowy w wysokości 20 USD na kwalifikujące się zakupy u dostawców takich jak FedEx (NYSE:FDX), Grubhub i Sklepy z artykułami biurowymi. Jest to zgodne z wysoką jakością zarobków American Express, z wolnymi przepływami pieniężnymi przekraczającymi dochód netto, jak zauważył InvestingPro Tips.
Oprócz tych zmian karta będzie teraz oferować 4x punkty za zakupy tranzytowe i opłaty za usługi telefonii bezprzewodowej do limitu wydatków w wysokości 150 000 USD. Oznacza to zmianę w programie nagród, ponieważ nagrody te były wcześniej oferowane za bilety lotnicze i zakupy wysyłki. Jest to zgodne z praktyką firmy polegającą na uzyskiwaniu wysokiego zwrotu z zainwestowanego kapitału, co jest kolejnym punktem podkreślonym przez InvestingPro Tips.
4 października potwierdzono, że Business Gold Card będzie nadal przyznawać 3x punkty na AmexTravel.com. Karta, która jest dostępna w kolorze różowego złota, oferuje 4X punkty Membership Rewards za wydatki biznesowe.
Dodatkowe funkcje zaktualizowanej karty obejmują opcję Pay Over Time i integrację Business Blueprint w celu uzyskania przeglądu finansowego. Istnieje również elastyczność w zakresie wymiany punktów Membership Rewards. Funkcje te są wspierane przez zdolność firmy do utrzymania wypłat dywidend przez 53 kolejne lata, jak wspomniano w InvestingPro Tips.
Reorganizacja Business Gold Card przez American Express podkreśla wysiłki firmy zmierzające do zapewnienia większej wartości swoim klientom poprzez zwiększone nagrody i korzyści. Oczekuje się, że zmiany spodobają się firmom, które mają znaczne wydatki na tranzyt, usługi telefonii bezprzewodowej i u uczestniczących dostawców.
Aby uzyskać więcej informacji i wskazówek na temat American Express i innych firm, rozważ subskrypcję InvestingPro, która zapewnia wskaźniki w czasie rzeczywistym i ponad 13 bezcennych wskazówek dla każdej firmy. Odwiedź InvestingPro Pricing, aby uzyskać więcej informacji.
https://www.investing.com/news/stock-ma ... CH-3189942
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!
Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express (NYSE: NYSE: NYSE:AXP) nadal stanowi znaczącą część Berkshire Hathaway Warrena Buffetta (NYSE:BRKa) portfela inwestycyjnego, zawierającego 20% pozostających w obrocie akcji, co odpowiada 26 miliardom USD. Akcje giganta kart kredytowych nie odnotowały znaczącego wzrostu w tym roku i spadły o około 25% od szczytu.
Pomimo braku wzrostu, Buffett pozostaje nieugięty w swojej decyzji o niesprzedawaniu tych akcji, przypisując swoją lojalność silnej reputacji konsumenckiej American Express i unikalnemu modelowi biznesowemu. Firma działa jako sieć płatnicza, bank konsumencki i procesor płatności oraz oferuje usługi premium, takie jak karta Platinum z roczną opłatą w wysokości 695 USD. Od 2022 roku strategia ta przyciągnęła ponad 3 miliony nowych posiadaczy kart.
Stopa dywidendy spółki wzrosła do 1,61%, co jest rekordowym wynikiem od czasu krachu rynkowego w marcu 2020 r. Tymczasem wskaźnik ceny do zysku w przyszłości spadł poniżej średniej rynkowej do 13,5. Transakcje kartami stanowią 58% przychodów, przy wzroście wolumenu płatności o 9% r/r w ostatnim kwartale.
W ciągu ostatniej dekady American Express odnotował wzrost dywidendy o 239%. Pomimo niedawnej stagnacji, firma spodziewa się zysku na akcję (EPS) w wysokości co najmniej 11 USD i dąży do 10% wzrostu przychodów od 2024 r.
https://www.investing.com/news/stock-ma ... CH-3191447
Pomimo braku wzrostu, Buffett pozostaje nieugięty w swojej decyzji o niesprzedawaniu tych akcji, przypisując swoją lojalność silnej reputacji konsumenckiej American Express i unikalnemu modelowi biznesowemu. Firma działa jako sieć płatnicza, bank konsumencki i procesor płatności oraz oferuje usługi premium, takie jak karta Platinum z roczną opłatą w wysokości 695 USD. Od 2022 roku strategia ta przyciągnęła ponad 3 miliony nowych posiadaczy kart.
Stopa dywidendy spółki wzrosła do 1,61%, co jest rekordowym wynikiem od czasu krachu rynkowego w marcu 2020 r. Tymczasem wskaźnik ceny do zysku w przyszłości spadł poniżej średniej rynkowej do 13,5. Transakcje kartami stanowią 58% przychodów, przy wzroście wolumenu płatności o 9% r/r w ostatnim kwartale.
W ciągu ostatniej dekady American Express odnotował wzrost dywidendy o 239%. Pomimo niedawnej stagnacji, firma spodziewa się zysku na akcję (EPS) w wysokości co najmniej 11 USD i dąży do 10% wzrostu przychodów od 2024 r.
https://www.investing.com/news/stock-ma ... CH-3191447
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!
Re: American Express aka AmEx NYSE: AXP karty płatnicze
American Express (NYSE:AXP), we współpracy z FIDO Alliance i World Wide Web Consortium, pilotuje SafeKey 3D, program mający na celu wzmocnienie bezpieczeństwa transakcji online. Inicjatywa, prowadzona przez JJ Kieleya, wiceprezesa ds. Tożsamości cyfrowej w American Express, została ogłoszona we wtorek.
Aplikacja mobilna Apex ma kluczowe znaczenie dla tych wysiłków, wykorzystując jednorazowe kody identyfikacyjne i alerty w celu zwiększenia środków zapobiegania oszustwom. Program pilotażowy jest początkowo skierowany do wybranych członków amerykańskich kart konsumenckich, w ramach ciągłych wysiłków firmy mających na celu wzmocnienie obrony przed nieuczciwymi działaniami.
Według danych InvestingPro, American Express ma kapitalizację rynkową w wysokości 111,27 mld USD i utrzymuje wskaźnik P/E na poziomie 15,33. Firma wykazała również solidny wzrost przychodów, z 10,52% wzrostem w ciągu ostatnich dwunastu miesięcy prowadzących do II kwartału 2023 r.
Funkcje biometryczne, takie jak technologie odcisków palców i rozpoznawania twarzy, zostaną włączone do usługi SafeKey firmy. To ulepszenie ma na celu zapewnienie użytkownikom niezawodnego, ale przyjaznego dla użytkownika procesu uwierzytelniania. Integracja tych funkcji biometrycznych jest częścią szerszej strategii oferowania użytkownikom bezpieczeństwa tak łatwego, jak odblokowywanie telefonów.
InvestingPro Tips dla American Express podkreślają wysoką jakość zysków firmy, z wolnymi przepływami pieniężnymi przekraczającymi dochód netto, oraz jej silną pozycję w branży Consumer Finance. Firma była również rentowna w ciągu ostatnich dwunastu miesięcy i przewiduje się, że utrzyma ten trend. Aby uzyskać więcej wnikliwych wskazówek, inwestorzy mogą odwiedzić InvestingPro, gdzie dostępnych jest łącznie 12 wskazówek dla American Express.
Patrząc w przyszłość, American Express przewiduje kompleksowe wdrożenie tych funkcji na początku 2024 roku. Ten ruch jest zgodny z zobowiązaniem firmy do ochrony swoich klientów, zapewniając jednocześnie bezproblemową obsługę kasy online. Wysokie zyski spółki, według InvestingPro, powinny umożliwić zarządowi kontynuowanie wypłaty dywidendy, dodatkowo podkreślając jej zaangażowanie wobec akcjonariuszy.
Aplikacja mobilna Apex ma kluczowe znaczenie dla tych wysiłków, wykorzystując jednorazowe kody identyfikacyjne i alerty w celu zwiększenia środków zapobiegania oszustwom. Program pilotażowy jest początkowo skierowany do wybranych członków amerykańskich kart konsumenckich, w ramach ciągłych wysiłków firmy mających na celu wzmocnienie obrony przed nieuczciwymi działaniami.
Według danych InvestingPro, American Express ma kapitalizację rynkową w wysokości 111,27 mld USD i utrzymuje wskaźnik P/E na poziomie 15,33. Firma wykazała również solidny wzrost przychodów, z 10,52% wzrostem w ciągu ostatnich dwunastu miesięcy prowadzących do II kwartału 2023 r.
Funkcje biometryczne, takie jak technologie odcisków palców i rozpoznawania twarzy, zostaną włączone do usługi SafeKey firmy. To ulepszenie ma na celu zapewnienie użytkownikom niezawodnego, ale przyjaznego dla użytkownika procesu uwierzytelniania. Integracja tych funkcji biometrycznych jest częścią szerszej strategii oferowania użytkownikom bezpieczeństwa tak łatwego, jak odblokowywanie telefonów.
InvestingPro Tips dla American Express podkreślają wysoką jakość zysków firmy, z wolnymi przepływami pieniężnymi przekraczającymi dochód netto, oraz jej silną pozycję w branży Consumer Finance. Firma była również rentowna w ciągu ostatnich dwunastu miesięcy i przewiduje się, że utrzyma ten trend. Aby uzyskać więcej wnikliwych wskazówek, inwestorzy mogą odwiedzić InvestingPro, gdzie dostępnych jest łącznie 12 wskazówek dla American Express.
Patrząc w przyszłość, American Express przewiduje kompleksowe wdrożenie tych funkcji na początku 2024 roku. Ten ruch jest zgodny z zobowiązaniem firmy do ochrony swoich klientów, zapewniając jednocześnie bezproblemową obsługę kasy online. Wysokie zyski spółki, według InvestingPro, powinny umożliwić zarządowi kontynuowanie wypłaty dywidendy, dodatkowo podkreślając jej zaangażowanie wobec akcjonariuszy.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!
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