American Express (AXP) is a payments company with a lot of exposure to travel. The company offers credit cards and travel-related services. AXP will release its financial results for the first quarter of 2022 tomorrow, April 22. The recovery in travel has already been reflected in American Express' quarterly data. In the fourth quarter, the company posted solid profit results, with both the top and bottom lines growing year-over-year. Sales climbed by 30% to $12.1 billion, while adjusted EPS increased by 24% to $2.18 from the year-ago quarter. Also, AXP stock has performed well, with the share price increasing 13% in value year-to-date and 29% over the past year.
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American Express (NYSE:AXP)
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