American Express' Solid Revenue, Spending Trends Drive Analyst Optimism
1. AXP reported Q1 2025 revenue growth of 7% to $16.97 billion. 2. EPS of $3.64 exceeded consensus estimates of $3.47. 3. Revenue outlook reiterated at $71.22-$72.54 billion, 8%-10% growth projected. 4. Management expressed confidence in customer spending stability despite decelerated airline spending. 5. RBC maintained an Outperform rating with a $310 price target.