26.01.2024 16:57:50 - dpa-AFX: American Express Gains 8% On Q4 Revenue Growth
NEW YORK CITY (dpa-AFX) - American Express Co. (AXP) shares are progressing
more than 8 percent on Friday morning trade after the company reported 23
percent increase in fourth-quarter earnings compared to the prior year.
The earnings were $1.933 billion or $2.62 per share, up from $1.57 billion or
$2.07 per share last year.
For the full-year 2024, the company projected revenue growth of 9 to 11 percent
and earnings per share of $12.65 to $13.15.
Currently, shares are at $203.55, up 8.33 percent from the previous close of
$188.07 on a volume of 6,424,105.
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