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American Express ( (AXP) ) just unveiled an update.
On January 24, 2025, American Express announced record financial results for the fiscal year 2024, with revenues reaching $65.9 billion, a 10% increase on an FX-adjusted basis, and earnings per share rising 25% to $14.01. The company also reported significant growth in Card Member spending and new card acquisitions. Looking ahead, American Express expects revenue growth of 8% to 10% for 2025 and plans to increase its quarterly dividend by 17%, emphasizing its strong market position and commitment to shareholder returns.
More about American Express
American Express is a financial services company known for its credit card, charge card, and traveler’s cheque businesses. It primarily focuses on providing premium customer services and payment solutions globally.
YTD Price Performance: 10.06%
Average Trading Volume: 2,458,757
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $229.6B
See more insights into AXP stock on TipRanks’ Stock Analysis page.
