American Express earnings: Top takeaways

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American Express News

Brian Sozzi,Stephen Squeri,Consumer Spending

American Express (AXP) increased its full-year outlook after posting second quarter earnings that were well above Street expectations but revenue that fell...

) increased its full-year outlook after posting second quarter earnings that were well above Street expectations but revenue that fell short. The credit card company also raised its full-year earnings guidance.spoke with American Express CEO Stephen Squeri about the back half of the fiscal year. Squeri told Sozzi that it will be business as usual for Amex, including several new product updates.

I will note though uh not anything in sunshine and rainbows did see a slow down uh in that travel business uh for the company, not unlike Brad, but I think maybe what you saw in her from for Delta.Uh So there might be a start of a travel uh slow down.That doesn't see that as consumers getting cautious ahead of the election, whatever the case, this company is still going to rake in money this year next year.

Of course, you're paying for those perks via that uh that annual uh that annual increase or annual fee for, for Amex cards. Have you considered buying Enbridge stock lately? If not, you may want to buy this long-term gem to start earning a whopping 7%. The post Enbridge Stock Pays a Massive 7 Percent Dividend and Now is a Great Time to Buy appeared first on The Motley Fool Canada.Despite its over 8% gain so far in July, this Canadian monthly dividend stock still looks cheap as it currently trades with 4.5% year-to-date losses. The post This 7.

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