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Mar 31, 2024
American Express Q1 2024 Earnings Report
American Express reported strong Q1 2024 results, with revenue increasing by 11% and EPS by 39%, driven by continued business momentum.
Key Takeaways
American Express reported a strong start to 2024, with first-quarter revenue increasing by 11% to $15.8 billion and EPS increasing by 39% to $3.33. The company reaffirms its full-year 2024 revenue and EPS guidance, reflecting positive trends in the business.
Revenue increased by 11% year-over-year to $15.8 billion.
EPS increased by 39% year-over-year to $3.33.
New card acquisitions accelerated sequentially to 3.4 million.
Company reaffirms full-year 2024 revenue and EPS guidance.
American Express
American Express
Forward Guidance
American Express expects full-year 2024 revenue growth of 9 percent to 11 percent and EPS of $12.65 to $13.15.