Tag: American Express stock
American Express CEO Rebukes Criticism of Company’s Quarterly Results
American Express CEO Stephen Squeri defended his company's financial performance despite the credit card giant's first-quarter earnings falling short of analysts' expectations. AmEx shares fell by 1.5% during premarket trading.
The company's earnings per share (EPS) for Q1 were $2.40; a 12% year-on-year decline that...
AmEx CEO Pleased With Company’s Q1 Results Despite Failing to Meet Expectations
Credit card firm American Express didn’t have the kind of results in the first quarter that the Wall Street analysts expected, but CEO Stephen Squeri doesn’t see this as an issue for the company. Speaking with Yahoo Finance on Thursday, Squeri said that he...
AmEx CEO Insists That Recessionary Signals Not Present
American Express CEO Stephen Squeri dismissed concerns of an impending recession, stating that the credit card company has not yet seen a downturn in spending trends to suggest one such change.
This assessment comes after American Express announced its fourth-quarter results. Net sales for the...
American Express CEO on Recession: “I Don’t See It In My Numbers At All”
As you might have heard by now, the U.S. economy has been trending towards recession for several months. However, this prediction isn't unanimous. For example, American Express CEO Stephen Squeri believes the situation isn't as bad as it seems.
American Express recently shared a positive...