American Categorical Firm (NYSE: AXP) reported its first quarter 2025 earnings outcomes right this moment.
Consolidated whole revenues internet of curiosity expense have been $17 billion, up 7% year-over-year. Revenues grew 8% on an FX-adjusted foundation. The highest line development was pushed by increased internet curiosity revenue supported by development in revolving mortgage balances, elevated Card Member spending, and continued sturdy card price development.
Web revenue 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 up to now and the present financial outlook, the corporate is sustaining its full-year 2025 steering for income development of 8-10% and EPS of $15.00-15.50.
The inventory rose barely in premarket hours on Thursday.
(This story will likely be up to date shortly with an infographic)
