Here's What Key Metrics Tell Us About American Express (AXP) Q4 Earnings

Core Viewpoint - American Express reported strong financial results for the quarter ended December 2024, with revenue and earnings per share exceeding expectations, indicating solid underlying performance and potential for future growth [1][2]. Financial Performance - Revenue for the quarter was $17.18 billion, reflecting an 8.7% increase year-over-year [1]. - Earnings per share (EPS) reached $3.04, up from $2.62 in the same quarter last year, surpassing the consensus estimate of $3.03 by 0.33% [1]. - The revenue matched the Zacks Consensus Estimate, resulting in a surprise of +0.01% [1]. Key Metrics - Book value per common share was reported at $40.88, slightly below the average estimate of $41.49 [4]. - Total Card Member loans amounted to $139.67 billion, slightly below the average estimate of $140.03 billion [4]. - Card billed business (Network volumes) reached $464 billion, exceeding the average estimate of $458.67 billion [4]. - Total Interest Income was $6.08 billion, compared to the average estimate of $6.19 billion [4]. - Total non-interest revenues were $13.14 billion, slightly above the average estimate of $13.07 billion [4]. - Net Interest Income was reported at $4.04 billion, below the average estimate of $4.12 billion [4]. - Discount revenue was $9.18 billion, slightly above the average estimate of $9.11 billion [4]. - Net card fees totaled $2.25 billion, slightly below the average estimate of $2.26 billion [4]. Stock Performance - Shares of American Express have returned +7.2% over the past month, outperforming the Zacks S&P 500 composite's +2.5% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3].