Ameri
American Express (NYSE: AXP) will launch its This fall and full-year 2019 outcomes on Friday, January 24. Trefis particulars expectations from the bank card big in an interactive dashboard, elements of which we spotlight beneath. We imagine that American Express’ FY 2019 results will likely miss consensus estimates for revenues and earnings. The revenues are anticipated to extend to $43.2 billion primarily as a result of development in charges earnings from client and business playing cards. Nevertheless, it will miss the consensus estimate of $43.6 billion. Equally, the EPS determine would enhance to $8.10 as a result of a mix of upper revenues and a gradual lower in shares excellent, though it will nonetheless be decrease than the consensus earnings estimate of $8.16. Additional, we imagine that weaker-than-expected earnings and revenues for FY 2019 will probably lead to a slight downfall within the American Categorical’ inventory worth as soon as earnings are introduced. Our forecast signifies that American Express’ valuation is $124 a share, which is roughly 5% beneath its present worth.
Trefis shines the highlight on key assumptions and information for American Categorical, and our speculation lays out one…