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American Categorical (AXP) This fall 2024 Earnings: Key financials and quarterly highlights

by Index Investing News
January 24, 2025
in Markets
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American Categorical Firm (NYSE: AXP) reported its fourth quarter 2024 earnings outcomes at this time.

Consolidated complete revenues, internet 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 internet curiosity revenue, and accelerated card price progress.

Internet revenue 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 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.

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