This week's biggest % winners & losers : Jan 23 - 27, 23 (wk 4)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: ATRA (5.22 +34.19%), GLYC (3.35 +30.86%), IOVA (8.05 +28.39%), NTLA (41.41 +22.33%), ALLO (7.98 +21.83%), EDIT (9.67 +20.12%)
• Materials: GLT (4.37 +31.87%), RYAM (6.84 +20.42%)
• Consumer Discretionary: TSLA (179.71 +34.69%), QRTEA (2.65 +31.84%), LRN (41.19 +28.4%), CVNA (7.86 +21.11%)
• Information Technology: TWOU (8.48 +27.42%), SHOP (50.13 +23.83%), DOMO (14.98 +21.49%)
• Financials: EHTH (7.70 +42.76%), TREE (38.33 +24.69%), AXP (172.31  +13.66)

This week's top % losers

• Healthcare: SIEN (1.61 -21.77%), VAPO (1.35 -21.51%), OPK (1.26 -15.77%)
• Materials: MAG (13.90 -10.73%)
• Consumer Discretionary: BBBY (2.52 -24.93%), CONN (8.94 -11.83%), HZO (30.52 -10.28%)
• Information Technology: PLXS (93.47 -16.93%), CALX (51.43 -9.76%)
• Financials: SQQQ (38.14 -14.85%), TRMK (28.69 -13.81%), FIBK (33.62 -11.32%), NBTB (37.89 -10.78%), KRNY (9.41 -9.69%)
• Energy: TUSK (6.26 -12.2%), GPOR (70.3 -11.62%), NINE (13.14 -11.4%), NR (4.25 -10.34%)

American Express (AXP) reported earnings on Fri 27 Jan 23 (b/o)

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American Express misses by $0.17, reports revs in-line; guides FY23 EPS above consensus, revs above consensus; plans dividend increase

• Reports Q4 (Dec) earnings of $2.07 per share, $0.17 worse than the S&P Capital IQ Consensus of $2.24; revenues rose 16.7% year/year to $14.18 bln vs the $14.25 bln S&P Capital IQ Consensus.
• Co issues upside guidance for FY23, sees EPS of $11.0-11.40 vs. $10.45 S&P Capital IQ Consensus; sees FY23 revs of +15-17% yr/yr to ~$60.8-61.85 bln vs. $58.76 bln S&P Capital IQ Consensus.
• Planned Dividend Increase - The company plans to increase the regular quarterly dividend on its common shares outstanding by 15 percent, from $0.52 to $0.60 per share, beginning with the first quarter 2023 dividend declaration.

American Express (AXP) reported earnings on Tue 25 Jan 22 (b/o)

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American Express reported Q4 results, topping consensus for revs and reaching record levels of Card Member spending. Issued mixed FY22 guidance, seeing revs above consensus. Co's longer-term aspiration is to achieve revs growth in excess of +10% and EPS growth in the mid-teens as the economy reaches a steady state. Also announced its intention to increase its quarterly dividend to $0.52/share from $0.43/share starting in Q1.

CRYPTO PLANS

Company executives said on a conference call that AmEx would probably not launch a cryptocurrency card, but would consider using the digital asset as a possible redemption option in the future.

Rival Visa Inc has several card programs that let users earn bitcoin on purchases.

In the quarter to Dec. 31, AmEx's revenue excluding interest expense surged by 30% as spending on travel and entertainment more than doubled.

Net income came in at $1.7 billion, or $2.18 per share, higher than analyst's estimates of $1.87 per share, according to Refinitiv data.

Earnings this week : Jan 24 - 28, 22 (wk 4)

Monday (Jan 24)

• Morning:  BOH CBU HAL PHG
• Afternoon: BRO CR ELS HOPE IBM IBTX LOGI SSB STLD WSFS ZION

Tuesday (Jan 25)

• Morning: MMM AXP ADM AUB BANC CVLT ERIC GATX GE IVZ JNJ LKFN LMT NEE NEP PCAR PII RTX UMC VZ XRX
• Afternoon:  AGYS BXP CADE CNI COF FFIV FCF HA MRTN MSFT NAVI NXGN RNR RNST SLGN LRN TXN TRMK UMBF VBTX WSBC

Wednesday (Jan 26)

• Morning:  ABT APH ANTM T ADP BA GLW FBP FBC FCX GD HES KMB KNX MKTX MNRO NDAQ NYCB NSC OSK PGR PB ROL RES SF TEL
• Afternoon:  AMP AZPN AVT AXS CACI CALX CLS CNS CNMD CCI CVBF DRE EW FLEX HXL INTC ISBC LRCX LSTR LVS LC LEVI MTH CASH MEOH MKSI PKG PLXS PTC XM RJF RLI SLM STX SEIC NOW SIMO SLG TER TSLA URI VRTX WHR WOLF XLNX

Thursday (Jan 27)

• Morning: FLWS AOS ALK ADS MO AIT BLL BX BC CNX CMCO CMCSA CFR DHR DOV DOW EXP EWBC EXTR HCA IP JBLU KEX MTSI HZO MMC MA MKC MCD MSCI MUR NTCT NOC NUE OSIS BPOP ROK RCI SAP SHW SFNC LUV STM TROW TDY TXT TSCO VLO VLY XEL
• Afternoon:  ABCB AAPL AJG TEAM AX BZH BOOT CP CATY CE EMN ETD FICO FHI FFBC FIBK GBCI HTH JNPR KLAC MITK MDLZ NATI OLN RMD RHI HOOD SYK X V WRB WAL WDC

Friday (Jan 28)  

• Morning:  ALV BMI BAH CAT CHTR CVX CHD CL GNTX LYB MOG.A PSX PFS SBSI SYF VFC WY WETF

Earnings spotlight: Monday, January 24 Philips (NYSE:PHG), Halliburton (NYSE:HAL) and IBM (NYSE:IBM).

Earnings spotlight: Tuesday, January 25 Verizon (NYSE:VZ), Johnson & Johnson (NYSE:JNJ), Lockheed Martin (NYSE:LMT), American Express (NYSE:AXP), Microsoft (MSFT), Capital One (NYSE:COF), F5 Networks (NASDAQ:FFIV ) and Texas Instruments (NASDAQ:TXN).

Earnings spotlight: Wednesday, January 26 AT&T (NYSE:T), Boeing (NYSE:BA), Abbott Labs (NYSE:ABT), Intel (INTC), Tesla (TSLA) and Lam Research (NASDAQ:LRCX).

Earnings spotlight: Thursday, January 27 Tesla (TSLA), Intel (INTC), Comcast (NASDAQ:CMCSA), Dow (NYSE:DOW), McDonald's (MCD), Mastercard (NYSE:MA), Altria (NYSE:MO), Southwest Airlines (NYSE:LUV), Apple (AAPL), Robinhood Markets (HOOD), Mondelez International (NASDAQ:MDLZ), Visa (NYSE:V) and Western Digital (NASDAQ:WDC).

Earnings spotlight: Friday, January 28 Chevron (NYSE:CVX), Phillips 66 (NYSE:PSX), Charter Communications (NASDAQ:CHTR), Caterpillar (NYSE:CAT) and Colgate-Palmolive (NYSE:CL).

American Express (AXP) reported earnings on Fri 23 Oct 20 (b/o)

** charts after earnings ** 

 

American Express misses by $0.05, reports revs in-line 

Reports Q3 (Sep) earnings of $1.30 per share, $0.05 worse than the S&P Capital IQ Consensus of $1.35; revenues fell 20.4% year/year to $8.75 bln vs the $8.71 bln S&P Capital IQ Consensus.

Consolidated provisions for credit losses were $665 million, down 24 percent from $879 million a year ago. The decrease primarily reflected a modest reserve release2 and lower net write-offs. Total credit reserve levels at the end of the third quarter were generally consistent with second-quarter levels.

"Since the lows of mid-April, we have seen a steady recovery in our overall spending volumes. In fact, we had positive year-over-year growth in non-T&E spending, which has long accounted for the large majority of our overall volumes. While credit remains strong, with delinquencies and net write-offs at the lowest levels we have seen in a few years, we remain cautious about the direction of the pandemic and its impacts on the economy, which is reflected in our reserve levels."

American Express (AXP) reported earnings on Fri 24 Jan 20 (b/o)

** charts after earnings ** 

 

 American Express beats by $0.02, reports revs in-line
Reports Q4 (Dec) earnings of $2.03 per share, $0.02 better than the S&P Capital IQ Consensus of $2.01; revenues rose 8.5% year/year to $11.37 bln vs the $11.36 bln S&P Capital IQ Consensus.

Earnings this week : Jan 20 - 24, 20 (wk 4)

Monday (Jan 20)

• The market closed on Monday for Martin Luther King Jr. Day.

Tuesday (Jan 21)

• Morning: CMA FNB HAL ONB PETS SBNY TAL
• Afternoon: COF FMBI FULT IBM NAVI NFLX PNFP RNST AMTD TBK UAL UCBI WTFC ZION

Wednesday (Jan 22)

• Morning: ABT ALLY APH ASML BKR BOKF CBSH CBU FITB HTLD JNJ HZO NTRS PLD RCI
• Afternoon: BXS CATY CTXS CNS CVBF FUL HOPE KMI PLXS PTC RJF SLM SLG STLD STL TER TCBI TXN UMPQ

Thursday (Jan 23)

• Morning: AAL AIT AVX BANC BKU CADE COLB CMCSA EWBC FCX GATX HBAN JBLU KEY KMB MTB ORI PPBI PG SFNC LUV STM TRV UNP VFC WBS
• Afternoon: ABCB ASB TEAM AVT DFS ETFC FFBC INTC ISRG MRTN NBHC NXGN SWKS SIVB WAL

Friday (Jan 24) 

• Morning: APD AXP ERIC HRC IBKC MOG.A NEE SYF SNV

American Express (AXP) reported earnings on Wed 18 July 18 (a/h)

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American Express beats by $0.03, reports revs in-line; reaffirms FY18 EPS, in-line 

• Reports Q2 (Jun) earnings of $1.84 per share, $0.03 better than the Capital IQ Consensus of $1.81; revenues rose 9.0% year/year to $10 bln vs the $10.05 bln Capital IQ Consensus.
  • Global Consumer Services Group reported second-quarter net income of $770 million, up 25 percent from $615 million a year ago. Total revenues net of interest expense were $5.3 billion, up 12 percent.
  • Global Commercial Services reported second-quarter net income of $564 million, up 18 percent from $477 million a year ago. Total revenues net of interest expense were $3.2 billion, up 8 percent.
  • Global Merchant and Network Services reported second-quarter net income of $543 million, up 14 percent from $476 million a year ago. Total revenues net of interest expense were $1.6 billion, up 1 percent from a year ago.
• Consolidated provisions for losses in Q2 were $806 million, up 38 percent from $583 million a year ago, and in-line with full-year expectations. Total Card Member spending up 10 percent and 2.9 million new cards acquired.
• Co reaffirms in-line guidancefor FY18, sees EPS at high end of $6.90-7.30 vs. $7.24 Capital IQ Consensus Estimate.  2018 revenues expected to be up at least 9 percent.

Earnings this week : July 16 - 20, 18 (wk 29)

Earnings expected this week

Monday (July 16)

• Morning: BAC, BLK, JBHT
• Afternoon: NFLX

Tuesday (July 17)

• Morning: UNH, JNJ, GS, PGR, OMC, SCHW, CMA, PLD, FHN, NSM, NEOG
• Afternoon: UAL, CSX, FNF, IBKR, WTFC, HWC, MLNX, PNFP, FULT, MRTN, HOPE, RNST, ADTN, LTXB

Wednesday (July 18)

• Morning: ERIC, NVS, MS, ABT, USB, TXT, GWW, ASML, NTRS, MTB, OACW, MTG, WAFD
• Afternoon: IBM, AXP, AA, KMI, CCK, EBAY, URI, CP, CCI, UFPI, PLXS, PTC, UMPQ, LHO, TCBI, SLG, BXS, RECN, CATY, NDLS, BMI, CNS, CVBF, EGBN, TBK, DWCH

Thursday (July 19)

• Morning: ABB, ADS, BBT, BX, BK, GTLS, DHR, DPZ, DOV, EWBC, FITB, GATX, GPC, HOMB, IIIN, KEY, NUE, PM, POOL, PPG, RCI, RPM, SASR, SAP, SCHL, SBNY, SNA, SON, TSM, TTS, TRV, UNP, WBC, WBS, WNS
• Afternoon: MSFT, COF, CE, CTAS, SKX, SWKS, ISRG, ETFC, SEIC, PBCT, ASB, NWE, WAL, MBFI, FFBC, BDN, FFIN, EXPO, EGP, LLNW

Friday (July 20)

• Morning: GE, HON, SLB, MAN, BHGE, SWK, STT, STI, CFG, RF, KSU, CLF, GNTX, IBKC, SXT, VFC

=American Express (AXP) reported earnings on Wed 18 Apr 2018 (a/h)

American Express beats by $0.15, beats on revs; guides FY18 EPS above consensus 

• Reports Q1 (Mar) earnings of $1.86 per share, $0.15 better than the Capital IQ Consensus of $1.71; revenues rose 11.6% year/year to $9.72 bln vs the $9.49 bln Capital IQ Consensus.
  • Consolidated provisions for losses were $775 million, up 35 percent from $573 million a year ago. The increase, which was in line with the company's expectations, reflected growth in the loan portfolio and an increase in the lending write-off and delinquency rates.
  • The consolidated effective tax rate was 22 percent, down from 32 percent a year ago. 
• Co issues upside guidance for FY18, sees EPS at high end of $6.90 to $7.30 vs. $7.10 Capital IQ Consensus Estimate.
  • "Our year is off to a good start with double-digit growth in billed business, revenues and earnings," said Stephen J. Squeri, chairman and chief executive officer. Given what we are seeing so far, we expect revenues to be up at least 8 percent this year."

====American Express (AXP) reported earnings on Wed 19 Oct 2016 (a/h/)

American Express beats by $0.28, reports revs in-line; raises FY16 EPS above consensus; reaffirms FY17 EPS guidance :

• Reports Q3 (Sep) earnings of $1.24 per share, excluding non-recurring items, $0.28 better than the Capital IQ Consensus of $0.96; revenues fell 5.1% year/year to $7.77 bln vs the $7.71 bln Capital IQ Consensus. Excluding the impact of Costco-related revenues in the year ago-period, adjusted revenues net of interest expense increased 5 percent, reflecting a rise in Card Member spending, along with higher net interest income and net card fees.
• Adjusted billed business was up 7 percent, adjusted loan growth remained healthy and net card fees rose 10 percent, reflecting strong performance across our premium card portfolios.
• Third-quarter net income was $1.1 billion, down 10 percent from $1.3 billion a year ago. The current quarter included higher spending on growth initiatives, largely reflected in marketing and promotion expenses, as well as solid progress related to company's efforts to reduce its cost base. Credit quality remained strong, and the company returned a substantial amount of capital to shareholders through share repurchases and dividends. Year-ago results included business related to the company's relationship with Costco that ended earlier this year.
• The company's return on average equity (:ROE) was 26 percent, down from 27 percent a year ago.
• Co issues upside guidance for FY16, raises EPS to $5.90-6.00 from $5.40-5.70, excluding non-recurring items, vs. $5.60 Capital IQ Consensus Estimate.
• Co reaffirms guidance for FY17, sees EPS of at least $5.60, excluding non-recurring items, vs. $5.55 Capital IQ Consensus Estimate.

=American Express (AXP) reported 4Q earnings on Thur 21 Jan 2016 (a/h)

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** charts after earnings **

American Express beats by $0.10, reports revs in-line; guides FY16 EPS above consensus:

• Reports Q4 (Dec) earnings of $1.23 per share, excluding non-recurring items,$0.10 better than the Capital IQ Consensus of $1.13; revenues fell 7.6% year/year to $8.39 bln vs the $8.4 bln Capital IQ Consensus. EPS excludes a $419 million charge ($335 million after-tax) that included an impairment of goodwill and technology assets, in addition to restructuring costs within the Enterprise Growth (:EG) Group.
• RoE was 25.6% compared to 29.1% in prior year.
• "A number of cyclical factors in the broader economy have also weighed on our performance and influenced our outlook. Against that backdrop, and the fact that revenue growth has not accelerated as we anticipated, we are moving aggressively to streamline the company and drive efficiencies in order to take out $1 billion from our overall cost base by the end of 2017".
• Co issues upside guidance for FY16, sees EPS of $5.40-5.70, excluding non-recurring items, vs. $5.40 Capital IQ Consensus Estimate.
• Sees 2017 EPS of 'at least $5.60'

American Express (AXP) reported earnings on Wed 21 Oct 2015 (a/h)

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** 2 months later **

American Express (AXP) reported earnings on Thur 16 Apr 2015 (a/h)

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AXP — is it a buy?

• Apr. 6:  Is AXP a buy?

 

• 10 days later: