American Specific Firm (NYSE: AXP) reported its fourth quarter 2024 earnings outcomes as we speak.
Consolidated whole 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 sturdy Card Member spending, greater web curiosity earnings, and accelerated card price progress.
Internet earnings was $2.2 billion, or $3.04 per share, in comparison with $1.9 billion, or $2.62 per share, final 12 months.
Earnings beat expectations whereas income got here in keeping with 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
