---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-24-000051"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:20:07.484269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# American Express Q2 EPS $4.15 (adj. $3.49), raises FY guidance to $13.30-$13.80

## Summary
- Q2 revenue record $16.3B (+8% YoY); net income $3.015B (+39%); GAAP EPS $4.15, adjusted EPS $3.49 (excl. $0.66 Accertify gain).
- FY 2024 EPS guidance raised to $13.30-$13.80 from $12.65-$13.15; revenue growth outlook reaffirmed at 9%-11%.
- Card fee revenue up 15% YoY to $2.06B; new card acquisitions 3.3M; billed business $388.2B (+5% YoY).
- Provisions for credit losses $1.268B (+6% YoY) driven by higher net write-offs partly offset by lower reserve build.
- Marketing spend expected ~15% higher YoY; company fully retained Accertify gain, boosting reported EPS.

## SEC filing metadata
- accession: 0000004962-24-000051
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496224000051/0000004962-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496224000051/axp-20240719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-24-000051
- JSON: https://secwatch.observer/filing/0000004962-24-000051.json
- Plain text: https://secwatch.observer/filing/0000004962-24-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.