American Express profit falls 13 percent, but tops forecasts

American Express revenue beats estimates after marketing push

Results again were dragged down by the end of the company's relationship with Costco. Independent Advisor Alliance acquired a new stake in shares of Express Scripts Holding Company during the fourth quarter worth $124,000. For the current quarter the company has high EPS estimates of $1.57 in contradiction of low EPS estimates of $1.19. The analyst recommendations from a month ago are 11 Buy, 0 Overweight, 0 Sell, 6 Hold and 0 Underweight. The company's stock had a trading volume of 5,274,952 shares. Capital Analysts LLC raised its position in shares of Express Scripts Holding Company by 15.2% in the fourth quarter. Insiders own 0.10% of the company shares. It also reduced Ishares Tr (EEM) stake by 10,381 shares and now owns 7,934 shares. American Express Company's payout ratio is 22.74%. The company has a market cap of $42.37 billion, a PE ratio of 12.98 and a beta of 0.92. A higher P/B ratio of American Express Company is signposting that the investors have either overvalued it, or that its accountants have undervalued it.

Analysts expect American Express Company (NYSE:AXP) to report $1.27 EPS on April, 19.They anticipate $0.18 EPS change or 12.41% from last quarter's $1.45 EPS. American Express Company had a return on equity of 33.49% and a net margin of 16.63%. Twenty-one analysts had a consensus revenue estimate of $7.73 billion. Meanwhile, due to an ongoing pressure which caused a decline of nearly -1.41% in the past five days, the stock price is now up 4.36% so far on the year - still in weak territory. Wednesday reported a drop in first-quarter profit, as revenues declined 2 percent due to absence of Costco portfolio as well as increase in provisions for bad loans and marketing costs.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for American Express Company the EPS stands at 0.88 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.98, suggesting the stock fell short of the analysts' expectations.

"TRADEMARK VIOLATION NOTICE: "[[title]]" was originally reported by [[site]] and is owned by of [[site]]. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and global copyright and trademark laws. An earlier version of this story misstated the figure.

Isaiah Thomas to play Game 2, then fly to sister's funeral
Thomas won't be going anywhere though and in spite of such an emotional day, he still was able to drop 33 points in the effort. But we executed extremely well. "Fred Hoiberg is doing a helluva job of putting us in the right situations to get some wins".

A number of other analysts have also recently commented on ESRX.

TRADEMARK VIOLATION WARNING: "American Express Company (AXP) Position Lowered by SOL Capital Management CO" was posted by Community Financial News and is the sole property of of Community Financial News. Oppenheimer Holdings Inc. set a $97.00 price objective on shares of American Express Company and gave the company a "buy" rating in a research report on Saturday, January 21st. The company now has an average rating of Hold and a consensus target price of $76.02. American Express Travel Related Services Company, Inc. provides a variety of products and services, including, global network services, the American Express Card, the Optima Card and other consumer and corporate lending products, stored value products, and several others. Finally, TheStreet lowered shares of Express Scripts Holding Company from a "b-" rating to a "c+" rating in a report on Monday, February 6th. Seven investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the stock. This defines the most likely future of the stock price of American Express Company. Following the transaction, the insider now directly owns 50,463 shares of the company's stock, valued at $3,932,581.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. $10.55 million worth of American Express Company (NYSE:AXP) was sold by Gupta Ashwini on Monday, November 14. It operates in two segments: PBM and Emerging Markets (EM).

If you want a bullish hedged trade on the stock, consider a June 70/65 bull-put credit spread for a 50-cent credit.

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