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American Express posted strong Q3 earnings and raised 2025 profit guidance, boosting its stock.
Klingman & Associates LLC increased its stake in American Express by 107.5% in Q2, holding 1,724 shares worth about $550,000, while Stephens Inc. reduced its position by 630 shares.
The company reported strong Q3 earnings on October 17, with $4.14 EPS and $18.43 billion in revenue, up 11% year-over-year, and raised its 2025 EPS guidance to $15.20–$15.50.
The stock closed at $355.76 with a market cap of $245.06 billion, a 0.9% dividend yield, and a consensus "Hold" rating.
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American Express registró fuertes ganancias del tercer trimestre y elevó la previsión de ganancias para 2025, impulsando sus acciones.