StockNews.AI
AXP
Benzinga
204 days

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.

3m saved
Insight
Article

FAQ

Why Bullish?

Solid Q4 performance and positive FY25 guidance support strong investor sentiment.

How important is it?

Earnings report directly impacts investor decisions and market outlook for AXP.

Why Long Term?

Sustained revenue growth and new acquisitions indicate ongoing favorable conditions.

Related Companies

Related News