Categories AlphaGraphs, Earnings, Finance
AXP Earnings: All you need to know about American Express’ Q3 2024 earnings results
American Express Company (NYSE: AXP) reported its third quarter 2024 earnings results today.
Consolidated total revenues, net of interest expense, were $16.6 billion, up 8% from the same period a year ago, driven by higher net interest income supported by growth in loan volumes, stable growth in Card Member spending, and accelerated card fee revenue growth.
Net income was $2.51 billion, or $3.49 per share, compared to $2.45 billion, or $3.30 per share, last year. Adjusted EPS grew 6% to $3.49.
Earnings beat estimates while revenue fell short.
AXP raised its full-year 2024 EPS guidance to $13.75-14.05 from the previous range of $13.30-13.80. Revenue growth is expected to be around 9%.
The stock was down over 2% in premarket hours on Friday.
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
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
Home Depot (HD), Lowe’s (LOW): Home improvement pressures not expected to abate soon
Home improvement retailers Home Depot (NYSE: HD) and Lowe’s Companies, Inc. (NYSE: LOW) have been facing a challenging operating environment for a while now. The companies have been battling macroeconomic
Earnings Summary: AngioDynamics (ANGO) Q2 FY26 sales increase 8.8%
Medical technology company AngioDynamics, Inc. (NASDAQ: ANGO) on Tuesday reported an increase in net sales for the second quarter of fiscal 2026. In Q2, net sales increased 8.8% year-over-year to
