Investors often turn to Warren Buffett-led Berkshire Hathaway (BRK.A 0.75%) (BRK.B 0.73%) for insight on market gyrations and top stocks to buy now.
Concerns over price pressures are growing ahead of next week's Fed meeting.
AXP anticipates revenues to increase between 8% and 10% in 2025.
The card giant has set a high bar for growth, but there is rising uncertainty about 2025.
Young consumers are keeping credit card spending buoyant, especially for American Express, which saw millennials and members of Generation Z increase their spending by double digits year over year in the fourth quarter. American Express earnings results released Friday (Jan.
American Express Company (NYSE:AXP ) Q4 2024 Earnings Conference Call January 24, 2025 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 Ryan Nash - Goldman Sachs Sanjay Sakhrani - KBW Erika Najarian - UBS Mark DeVries - Deutsche Bank Craig Maurer - FT Partners Donald Fandetti - Wells Fargo Richard Shane - JPMorgan Jeffrey Adelson - Morgan Stanley Cristopher Kennedy - William Blair Moshe Orenbuch - TD Cowen Brian Foran - Truist Saul Martinez - HSBC Terry Ma - Barclays Mihir Bhatia - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q4 2024 Earnings Call.
It's been a sublimely successful shortened week of trading in the stock market this week. The S&P 500 just notched a new all-time closing high Thursday afternoon.
Although the revenue and EPS for American Express (AXP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
American Express (AXP) came out with quarterly earnings of $3.04 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.62 per share a year ago.
Amex is also boosting its dividend by 17%.
Both student loan provider SLM and American Express have ties to some of the youngest Americans. The post Sallie Mae Has Earnings Due.
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