American Express (AXP) Tops Q1 EPS by 16c

American Express (NYSE: AXP) reported Q1 EPS of $3.64, $0.16 better than the analyst estimate of $3.48. Revenue for the quarter came in at $17 billion versus the consensus estimate of $17 billion.

GUIDANCE:

American Express sees FY2025 EPS of $15.00-$15.50, versus the consensus of $15.26.

• “Based on the steady spend and credit trends we have seen to date and the current economic outlook, we are maintaining our full-year guidance for revenue growth of 8 to 10 percent and EPS of $15.00 to $15.50, in line with the ranges we provided in January, subject to the macroeconomic environment.
• “Looking ahead, we will continue to manage the company for the long term, focusing on backing our customers and colleagues, exercising disciplined expense management, and strategically investing in our business.”

For earnings history and earnings-related data on American Express (AXP) click here.

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