American Express Analysts Increase Their Forecasts After Q4 Results
1. AXP Q4 revenue grew 9% YoY to $17.18 billion, exceeding estimates. 2. Strong Card Member spending and record card fees drove growth. 3. FY25 revenue guidance of $71.22-$72.54 billion indicates continued growth. 4. Analysts raised price targets despite a 1.4% drop in share price. 5. CEO highlighted record spending and new card acquisitions in 2024.