American Express Company (AXP) reported third-quarter 2024 earnings per share (EPS) of $3.49, which beat the Zacks Consensus Estimate by 6.7%. The bottom line climbed 6% year over year.Total revenues net of interest expense amounted to $16.6 billion, which marginally missed the Zacks Consensus Estimate. However, the top line improved 8.2% year over year in the quarter under review.The strong third-quarter 2024 earnings benefited from rising net interest income, growth in the customer base of Millennials and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____ to ____ Commission file number 1-7657 AMERICAN EXPRESS COMPANY (Exact name of registrant as specified in its charter) | --- | --- | |--------- ...

For American Express, as has been a longstanding trend, it's the younger consumers, cards in hand, who are boosting results. And, as Amex management noted on a Friday (Oct. 18) conference call with analysts, dining out is a prime example of where millennial and Gen Z consumers choose to wield those cards in full force. The company's earnings supplementals showed that consumer billed business — the metric that represents cardmember spending tied to transactions and card advances — was up 6% year over year (o ...

American Express Company (NYSE:AXP) Q3 2024 Earnings Conference Call October 18, 2024 8:30 AM ET Company Participants Kartik Ramachandran - Head of Investor Relations Stephen Squeri - Chairman and Chief Executive Officer Christophe Le Caillec - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Ryan Nash - Goldman Sachs Craig Maurer - FT Partners Richard Shane - JPMorgan Erika Najarian - UBS Donald Fandetti - Wells Fargo Jeffrey Adelson - Morgan Stanley Cristopher Kennedy - William B ...

American Express (AXP) reported $16.64 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $3.49 for the same period compares to $3.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $16.64 billion, representing a surprise of -0.03%. The company delivered an EPS surprise of +6.73%, with the consensus EPS estimate being $3.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

American Express (AXP) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.73%. A quarter ago, it was expected that this credit card issuer and global payments company would post earnings of $3.22 per share when it actually produced earnings of $3.49, delivering a surprise of 8.39%.Over ...

| --- | --- | --- | |----------------------------|-------|-------| | | | | | American Express | | | | Earnings Conference Q3'24 | Call | | | | | | | OCTOBER 18, 2024 | | | Summary Financial Performance ($ in millions; except per share amounts) | --- | --- | --- | --- | --- | |----------------------------------------|---------|---------|-----------------|---------------------| | | Q3'24 | Q3'23 | YoY% Inc/(Dec) | YTD YoY% Inc/(Dec) | | Total Revenues Net of Interest Expense | $16,636 | $15,381 | 8% | 9% | | ...

EXHIBIT 99.2 American Express Company (Preliminary) Consolidated Statements of Income (Millions, except percentages and per share amounts) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------|------------|-------|----------------|------------|------------------|--------------|--------------|----------------|--------------|-------|----------------|----------------| | Non-interest revenues | Q3'24 | | Q2'24 | Q1 ...

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