Strong Q4 Has AmEx Bulls Charging: Should You Join Them Now?

Global integrated payments company American Express Company (AXP) closed 2024 performance on a high note, reporting impressive fourth-quarter results. Strong card member spending and fee growth fueled its performance alongside new customer acquisitions, particularly among Millennials and Gen Z.Key Highlights From AmEx’s Q4EPS: $3.04, beating estimates by 0.33$464 billion, up 7% YoY.Commercial Services: Pre-tax income of $814 million rose 22% YoY.Revenue outlook: 8-10% growt ...