PREVIEW: American Express EPS, revenue seen rising in Q1

American Express AXP.N shares down 2.3% to $251.82 ahead of Q1 results due before the opening bell on Thursday

The global payments company is expected to report EPS of $3.47 on revenue of $16.94 bln, per LSEG data, vs yr-ago results of $3.33 in EPS on revenue of $15.80 bln

AXP has met or beaten EPS view in four straight qtrs; on revenue side, most recent miss was Q3 2024

Of the 31 analysts that cover American Express Co, the breakdown of recommendations is 12 "strong buy" or "buy," 17 "hold" and 2 "sell" or "strong sell" ratings

Median price target of $282.50 is down from $316.40 a month ago

AXP shares down nearly 15% YTD vs >6% drop in Dow Industrials .DJI