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American Express Company NYSEAXP Q 42024 Earnings Call Transcript

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  Q4 2024 Earnings Call Transcript January 24, 2025 American Express Company beats earnings expectations. Reported EPS is $3.04, expectations were $3. Operator: Ladies and gentlemen, thank you for standing by.

The provided URL leads to a transcript of American Express Company's (NYSE: AXP) Q4 2024 Earnings Call. In this call, CEO Stephen Squeri and other executives discussed the company's financial performance for the fourth quarter of 2024. Key points included a strong revenue growth, driven by higher net interest income and increased card member spending. They highlighted the expansion of their customer base, particularly in the premium and small business segments, and improvements in digital services. The call also covered strategic initiatives aimed at enhancing customer engagement, managing credit quality amidst economic uncertainties, and the company's outlook for 2025, which anticipates continued growth albeit at a moderated pace due to potential economic headwinds. Additionally, there was a focus on shareholder returns through dividends and share repurchases, and the company's commitment to maintaining a robust balance sheet.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/american-express-company-nyse-axp-q4-2024-earnings-call-transcript/ar-AA1xQlFL ]