PREVIEW: American Express Q4 earnings expected to climb

American Express AXP.N shares up 0.4% to $358.34 ahead of Q4 earnings due before the opening bell on Friday

The payments company is expected to report a 10% increase in revenue to $18.92 bln with adj EPS of $3.54, per LSEG data, vs yr-ago adj. EPS of $3.04

AXP has met or beaten EPS in seven of past eight quarters, with most recent miss in Q4 2023

Of the 32 analysts that cover AXP, the breakdown of recommendations is 12 "strong buy" or "buy," 19 "hold" and 1 "strong sell"

Median price target of $380 is up from $357.50 a month ago

With move on the session, AXP shares down ~3% YTD vs nearly 2% gain in Dow Industrials .DJI

AXP options imply a 4.0% swing for the shares, in either direction by Friday, according to Trade Alert; the stock has logged an avg move of 3.9% on the day of results, over the last eight quarters