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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."
2h
on MSN
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences like travel and entertainment.
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 ...
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 ...
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 ...
6h
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 ...
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4d
2025 American Express money: Here’s how much every player made
Check out our list of how much money each player in the field came away with at the 2025 American Express, played in Palm ...
4d
PGA Tour money leaders: American Express winner Sepp Straka up 18 spots with $1.584 million
Sepp Straka won $1,584,000 million for capturing his third PGA Tour title on Jan. 19 at The American Express. It was enough ...
5d
on MSN
Blades Brown score: How 17-year-old fared in first tournament as pro golfer at American Express
Nashville’s Blades Brown, 17, had a rough finish to his first tournament as a pro golfer, missing the cut at the PGA Tour ...
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