Reported 2 days ago
American Express (AXP) reported first-quarter earnings of $3.64 per share on revenue of $16.97 billion, exceeding analyst expectations. The company attributed its success to robust consumer spending, mirroring or surpassing trends from 2024. Despite initial positive market reactions, shares dipped over 1% after opening, reflecting a 15% decline for the year. The firm maintained its 2025 growth outlook of 8% to 10% in revenue and EPS between $15.00 and $15.50, contingent on macroeconomic conditions.
Source: YAHOO