American Categorical Agency (NYSE: AXP) reported its first quarter 2025 earnings outcomes instantly.
Consolidated complete revenues net of curiosity expense had been $17 billion, up 7% year-over-year. Revenues grew 8% on an FX-adjusted basis. The best line improvement was pushed by larger net curiosity income supported by improvement in revolving mortgage balances, elevated Card Member spending, and continued strong card fee improvement.
Net income grew 6% to $2.6 billion whereas earnings per share rose 9% to $3.64 as compared with ultimate 12 months.
Revenue and earnings beat expectations.
Primarily based totally on the common spend and credit score rating traits seen thus far and the current monetary outlook, the company is sustaining its full-year 2025 steering for revenue improvement of 8-10% and EPS of $15.00-15.50.
The stock rose barely in premarket hours on Thursday.
(This story is likely to be updated shortly with an infographic)
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