Categories AlphaGraphs, Earnings, Finance
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today.
Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher net interest income and increased Card Member spending.
Net income was $2.4 billion, or $3.33 per share, compared to $1.8 billion, or $2.40 per share, last year.
Revenue and earnings beat estimates but the stock was down 2% in premarket hours on Friday.
For the full year of 2024, the company expects revenue to grow 9-11% and EPS to be $12.65-13.15.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased
