Earnings Alerts

American Express Co (AXP) Earnings: July Charge-Offs Reported at 2.1%

  • American Express Charge-Offs: 2.1% in July 2024
  • Delinquency Rate: 1.3% in the same period
  • Analyst Recommendations: 16 buys, 14 holds, and 3 sells

A look at American Express Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, American Express Co has received positive ratings in terms of Growth, Resilience, and Momentum, scoring 4 on each of these factors. These scores indicate a strong long-term outlook for the company regarding its potential for growth, ability to withstand economic challenges, and positive stock price momentum.

Although American Express Co scored lower on the Value and Dividend factors with 2, its overall outlook remains promising due to its high scores in growth-oriented metrics. As a global payment and travel company, American Express Co continues to offer charge and credit payment card products and travel-related services to a wide range of consumers and businesses worldwide.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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