Millennials and Gen Z fueled spending boost at year-end, American Express CFO says
American Express’s affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.
American Express Profit Gets Boost From Holiday Shopping
American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays, a tailwind the firm said it expects will continue.Most Read from BloombergWhat Happened to Hanging Out on the Street?
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 company forecast revenue growth between 8% and 10% as well as earnings per-share in the range of $15 and $15.50 for the year.
American Express Earnings Show Its Card Members Keep Spending. Why the Stock Is Falling.
American Express turned in solid quarterly results Friday, increased its dividend, and highlighted record levels of card member spending. However, investors seemed to be shrug off the positives, sending shares down 3% to $316.
American Express: Q4 Earnings Snapshot
The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.03 per share. The credit card issuer and global payments company posted revenue of $17.18 billion in the period,
American Express Earnings Expand With Holiday Shopping Boost
American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays.
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.
AmEx revenue beats expectations on strong holiday spending
American Express reported a 12% jump in fourth-quarter profit on Friday, as more consumers swiped cards during the holiday ...
Why American Express Stock Is Falling Today
American Express (NYSE: AXP) posted fourth-quarter earnings that beat expectations, but the credit card company's guidance ...
These Stocks Are Moving the Most Today: Texas Instruments, Meta, Verizon, Boeing, Tesla, Amex, Novo Nordisk, and More
Stocks traded mostly lower Friday after fresh economic data painted a sobering picture of the economy.These stocks were on ...
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AmEx Closes Out 2024 On a High Note As Growth Proves Steady
We delivered record revenue, record net income, and new records in many categories,” including all-time-high cardholder ...
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 ...
What American Express' Latest Dividend Hike Means for Investors
In addition to an earnings beat, American Express disclosed a 17% increase to its quarterly dividend. Here's what that means ...
Upgrade Your 2025 Travel Plans: Amex Platinum Credit Score Tips and Prequalification Guide
The Amex Platinum Card is a powerful travel companion, but it isn't for everyone. Find out if you qualify and how to increase ...
American Express to open Centurion Lounge at Boston Logan Airport in 2027
A two-story Amex Centurion Lounge is opening at Boston Logan International Airport (BOS) in 2027, featuring a rooftop bar and ...
Amex Has a First-Class Problem: Can Consumer Spending Really Keep Up?
A merican Express’s spenders were busy at the end of last year, even spending more on first-class air travel. Can they really ...