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HomeMarketAmerican Specific (AXP) This autumn 2024 Earnings: Key financials and quarterly highlights...

American Specific (AXP) This autumn 2024 Earnings: Key financials and quarterly highlights | AlphaStreet

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American Specific Firm (NYSE: AXP) reported its fourth quarter 2024 earnings outcomes right now.

Consolidated complete revenues, web of curiosity expense, had been $17.2 billion, up 9% year-over-year, or 10% on an FX-adjusted foundation, pushed primarily by robust Card Member spending, increased web curiosity earnings, and accelerated card payment progress.

Internet earnings was $2.2 billion, or $3.04 per share, in comparison with $1.9 billion, or $2.62 per share, final yr.

Earnings beat expectations whereas income got here according to estimates.

For full-year 2025, the corporate expects income progress of 8-10% and EPS of $15.00-15.50.

AXP plans to extend its quarterly dividend by 17%, from $0.70 to $0.82 per share, starting with the primary quarter 2025 dividend declaration.

The inventory was down over 2% in premarket hours on Friday.

Prior efficiency

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