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American Express reports record revenues and strong growth potential for 2024

In FY 2024, American Express Company (NYSE:AXP) achieved record revenues of $65.9 billion, a 10% increase on an FX-adjusted basis, with EPS rising 25% YoY to $14.01. The company demonstrated strong credit quality and billings growth, particularly during the holiday season, while being recognized as a top investment by billionaire Mario Gabelli. Despite its strong performance, some analysts suggest that undervalued AI stocks may offer greater potential for higher returns.
Insider Monkey
American Express Company USA Chris Marangi Tim Winter Kevin Dreyer Mario Gabelli Tony Bancroft John Belton Chris Mancini Show more
Business & Industry, Market Report
18:13 25.03.2025
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