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American Express: A Strong Performer with a History of Integrity and Community Involvement - Q1 2023 Results Review

Published in Investments
Tags: American Express / Earnings

American Express has shown strong revenue growth in Q1 2023, with a record first-quarter revenue of $14.3 billion and a 22% increase from the previous year. CEO Stephen J. Squeri has also been recognized with the 2023 U.S. Transatlantic Business Award. Despite consecutive quarters of missing EPS consensus estimates, management's guidance and recent results suggest American Express is on track for strong growth and performance in the future.