secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0000004962-24-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Express Q3 EPS $3.49, revenue record $16.6B; raises FY guidance
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- Q3 EPS $3.49 vs $3.30 YoY; net income $2.507B up 2%.
- Record quarterly revenue $16.6B +8% YoY; 10th consecutive quarter of record revenue.
- Card member spending +6%, card fee revenue +18%; added 3.3M new premium cards.
- Raised FY2024 EPS guidance to $13.75-$14.05 from $13.30-$13.80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496224000067/0000004962-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496224000067/axp-20241018.htm
  HTML page:      https://secwatch.observer/filing/0000004962-24-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer