American Categorical Firm (NYSE: AXP) reported its first quarter 2025 earnings results right this moment.
Consolidated whole revenues internet of curiosity expense had been $17 billion, up 7% year-over-year. Revenues grew 8% on an FX-adjusted foundation. The highest line progress was pushed by greater internet curiosity earnings supported by progress in revolving mortgage balances, elevated Card Member spending, and continued sturdy card payment progress.
Web earnings grew 6% to $2.6 billion whereas earnings per share rose 9% to $3.64 in comparison with final 12 months.
Income and earnings beat expectations.
Based mostly on the regular spend and credit score traits seen to this point and the present financial outlook, the corporate is sustaining its full-year 2025 steering for income progress of 8-10% and EPS of $15.00-15.50.
The inventory rose barely in premarket hours on Thursday.
Prior efficiency
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