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American Express reports strong Q2 earnings, outpacing estimates despite a "Hold" stock rating.
American Express reported strong Q2 earnings, beating estimates with $4.08 EPS and $17.86 billion in revenue.
Institutional investors, like Jacobs & Co. CA and Cacti Asset Management LLC, have adjusted their stakes, while insiders Glenda G. Mcneal and Anna Marrs sold significant shares.
The stock has a consensus "Hold" rating and a $313.45 target price, currently yielding a 1.0% dividend.
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American Express informa de fuertes ganancias del segundo trimestre, superando las estimaciones a pesar de una calificación de acciones "Hold".