American Express: Tapping Into Younger Age Cohorts With Earnings Momentum In 2025
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American Express reported strong Q3'24 results with revenue growth driven by increased spending, higher net interest income, and international expansion, particularly among Millennials and Gen-Z. The company maintains strong credit quality and has raised its EPS guidance, indicating confidence in future growth.

December 25, 2024 | 11:00 am
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American Express reported strong Q3'24 results with increased revenue from card member spending and international expansion, particularly among Millennials and Gen-Z. The company raised its EPS guidance, indicating confidence in future growth.
American Express' strong Q3'24 results, driven by increased spending and international expansion, particularly among younger demographics, suggest positive momentum. The raised EPS guidance further indicates management's confidence in future growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100