the article is talking about a company called american express. they help people buy things by letting them use their credit cards. soon, they will tell everyone how much money they made during the past few months. the article is trying to guess how much money they made and if it will be more than what people expected. people use american express credit cards a lot and it helps the company make a lot of money. but, there are some things that could make it harder for the company to make as much money as people think. the article is trying to help people decide if they should buy the company's credit cards or not. Read from source...

bullish

Source: Benzinga

The article discusses the anticipated release of American Express Company's (AXP) second-quarter 2024 earnings report. The Zacks Consensus Estimate projects AXP's earnings to grow by 11.4% year-over-year to $3.22 per share. This growth is attributed to increasing network volumes, total cards-in-force, and interest income. Additionally, the article notes American Express has beaten earnings estimates in three of the past four quarters. However, the article also suggests that due to rising costs and a stretched valuation, investors should take a cautious approach when considering investments in American Express.

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