American Express (AXP) Falls Behind Market Expectations Amidst Financial Results Release

American Express (AXP) stock declined 1.36% to $360.31, trailing the S&P 500's 0.53% loss. The company is expected to report EPS of $3.58, up 17.76% from last year, and revenue of $18.85 billion, indicating a 9.73% upward movement. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), presents a viable rating system that has a remarkable history of outdoing. The Forward P/E ratio of 23.67 represents a premium compared to its industry average of 12.05.