American Express posts record annual revenue in FY 2024

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American Express (AXP) reported its fiscal fourth quarter earnings on Friday morning, posting record revenue of $65.9 billion for the fiscal year 2024 — a 10% increase on an FX-adjusted basis.

The company also provided forward guidance, expecting sales growth of 8-10%, with earnings per share projected between $15.00 and $15.50 for 2025.

Morning Brief hosts Seana Smith and Brad Smith break down the earnings report and explore the company's expectations for the year ahead.

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This post was written by Angel Smith