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American Express Q3 Adjusted Earnings, Revenue Increase
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American Express Q3 Adjusted Earnings, Revenue Increase
Oct 18, 2024 4:56 AM

07:21 AM EDT, 10/18/2024 (MT Newswires) -- American Express ( AXP ) reported Q3 adjusted earnings Friday of $3.49 per diluted share, up from $3.30 a year earlier.

Analysts polled by Capital IQ expected $3.29.

Revenue for the quarter ended Sept. 30 was $16.64 billion, compared with $15.38 billion a year earlier.

Analysts surveyed by Capital IQ expected $16.65 billion.

The company raised its 2024 EPS guidance to now be $13.75 to $14.05 from the prior outlook of $13.30 to $13.80. Analysts surveyed by Capital IQ expect $13.28.

Meanwhile, American Express ( AXP ) reiterated its revenue growth guidance for the year at around 9%. Analysts polled by Capital IQ expect $66 billion.

Price: 287.35, Change: +1.57, Percent Change: +0.55

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