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American Express Stock Drops On Q4 Earnings Miss
American Express Stock Slips After Earnings
American Express shares fell about 3% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.
American Express Q4 earnings slightly beat; 2025 guidance slightly soft as expenses rise
Q4 total network volume of $464.0B, vs. the Visible Alpha consensus of $458.2B, vs. $434.4B in the year-ago quarter. Network volume grew 7% Y/Y, accelerating from 5% Y/Y growth in Q3. Total billed business increased 8% Y/Y to $408.4B, compared with 6% growth in Q3.
Why American Express Stock Is Falling Today
"2024 was another strong year for American Express," CEO Stephen J. Squeri said in a statement. "We exited the year with increased momentum, with billings growth accelerating to 8 percent in the fourth quarter, driven by stronger spending from our consumer and commercial customers during the holiday season."
35m
on MSN
Millennials and Gen Z fueled spending boost at year-end, American Express CFO says
American Express’s affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer ...
7h
American Express CEO says 2024 ‘another strong year’
American Express . We delivered record revenues of $65.9 billion, up 10 percent on an FX-adjusted basis, record net income of $10.1 billion, an ...
4h
What American Express' Latest Dividend Hike Means for Investors
In addition to an earnings beat, American Express disclosed a 17% increase to its quarterly dividend. Here's what that means ...
2h
American Express Revenue Surges on Holiday Spending -- Update
American Express benefited during the holidays as consumers turned to the company's credit cards to fund their purchases. Executives expect those spending habits to continue in 2025. The credit-card ...
5h
American Express Q4 Net Income Climbs, Plans To Lift Dividend; Expects Result To Improve In 2025
American Express Co. (AXP), a bank holding company, on Friday reported an increase in net profit for the fourth quarter. The company ...
2d
on MSN
Jim Cramer on American Express Company (AXP): ‘I Come On Here And Tell You To Buy It’
We recently published an article titled Jim Cramer Discussed 9 Stocks for This Week’s Game Plan. In this article, we are ...
3d
on MSN
Should You Buy American Express While It's Below $315?
At about $313 per share (as of Jan. 17), American Express at least deserves a closer look from investors. But its valuation ...
2d
American Express to open Centurion Lounge at Boston Logan Airport in 2027
A two-story Amex Centurion Lounge is opening at Boston Logan International Airport (BOS) in 2027, featuring a rooftop bar and ...
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