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Stock impact report

3 Reasons American Express Is a Buy [The Motley Fool]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: The Motley Fool
3 Reasons American Express Is a Buy When American Express ( NYSE:AXP 08 fourth-quarter earnings In the quarter, revenue rose to $0. billion, a 0% increase year over year (once adjusted for foreign currency fluctuations -- otherwise 8%), and adjusted earnings per share grew to $.7, an % increase year over year. This marks the sixth consecutive quarter in which the company saw revenue increase by at least 8%. Here are some of the most noteworthy figures from the company's fourth quarter: American Express Metrics 08 Q 07 Q Change Total revenue $0.7 billion $9.7 billion Adjusted EPS $.7 Total loans $8.7 billion $7. billion % Net write-off rate % .8% 0. percentage points Data source: American Express Company The increases in the company's top and bottom lines were driven by a number of catalysts. Let's take a closer look at the three most important aspects of the performance from this quarter to determine why American Express still makes a good investment: American Express continues to lea Show less Read more
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