This is our first report on American Express, one of the world’s largest integrated payment companies. With the company’s results around the corner, let us have a closer look at the company’s recent financial performance and key drivers. Its last quarter was a disaster as Amex failed to meet Wall Street expectations in terms of revenues as well as earnings. The company continued the upward trend in Card Member spending, engagement, and retention in the fourth quarter. Their billed business achie ....

12 Apr 2023
American Express Company: Initiation of Coverage – B2b Expansion & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)

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American Express Company: Initiation of Coverage – B2b Expansion & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
12 Apr 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
This is our first report on American Express, one of the world’s largest integrated payment companies. With the company’s results around the corner, let us have a closer look at the company’s recent financial performance and key drivers. Its last quarter was a disaster as Amex failed to meet Wall Street expectations in terms of revenues as well as earnings. The company continued the upward trend in Card Member spending, engagement, and retention in the fourth quarter. Their billed business achie ....