American Categorical Firm (NYSE: AXP) reported its third quarter 2024 earnings outcomes as we speak.
Consolidated complete revenues, web of curiosity expense, have been $16.6 billion, up 8% from the identical interval a 12 months in the past, pushed by increased web curiosity revenue supported by development in mortgage volumes, secure development in Card Member spending, and accelerated card payment income development.
Web revenue was $2.51 billion, or $3.49 per share, in comparison with $2.45 billion, or $3.30 per share, final 12 months. Adjusted EPS grew 6% to $3.49.
Earnings beat estimates whereas income fell brief.
AXP raised its full-year 2024 EPS steerage to $13.75-14.05 from the earlier vary of $13.30-13.80. Income development is predicted to be round 9%.
The inventory was down over 2% in premarket hours on Friday.
Prior efficiency
