Amex CEO Says Consumers Still Spending Freely: So Why Is the Stock Sliding? - American Express (NYSE:AXP)
- American Express reported its fiscal first-quarter 2025 earnings on Thursday, exceeding what analysts predicted.
- Strong card member spending and higher net interest income primarily drove the company's revenue increase.
- Total revenue reached $16.97 billion, while GAAP EPS was $3.64, both surpassing analyst estimates.
- CEO Stephen Squeri said they are keeping full-year guidance for revenue growth between 8% and 10%.
- Despite positive results, the stock price declined, possibly due to economic uncertainty and tariff concerns.
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American Express customers are ‘eating out and enjoying life’ as spending grows 6%
Amex’s CEO said that recent metrics are “in many cases better than what we saw in 2024.” Article Attribution | Read More at Article Source The post American Express customers are ‘eating out and enjoying life’ as spending grows 6% appeared first on RocketNews.


American Express Delivers Strong First-Quarter Results With Revenue of $17.0 Billion, up 7%, or 8% on an FX-Adjusted Basis
NEW YORK--(BUSINESS WIRE)--Apr 17, 2025-
Amex CEO Says Consumers Still Spending Freely: So Why Is the Stock Sliding? - American Express (NYSE:AXP)
American Express reported strong Q1 2025 results, with revenue of $16.97B, up 7% YoY, and GAAP EPS of $3.64, beating analyst estimates. Outlook remains positive despite macroeconomic environment.
American Express (NYSE:AXP) Maintains 2025 Revenue Guidance, Reports Q1 Earnings Growth
American Express (NYSE:AXP) recently reported its first-quarter earnings for 2025, showing an increase in net income and earnings per share compared to the previous year, with the company maintaining its optimistic full-year guidance. Over the past week, American Express's stock price rose by 1.79%, mirroring positive sentiment despite a market that remained flat. The company's solid financial results and affirmations of revenue and EPS growth t…
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