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The headline numbers for American Express (AXP) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 50 points on Friday.
American Express Company (NYSE:AXP, ETR:AEC1) reported better-than-expected earnings for the second quarter, driven by robust cardholder spending and demand for its premium products. Earnings per share (EPS) grew 17% year-over-year to $4.08, beating the Wall Street consensus of $3.87 by $0.21.
Cardholder spending rises 7% in the second quarter.
American Express (AXP) on Friday reported second-quarter results that were lifted by record spending.
Amex's spending growth was 7% in the second quarter, an acceleration versus the 6% rate seen in the first quarter.
American Express exceeded estimates for second-quarter profit on Friday, fueled by resilient spending by its affluent cardholders.
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported second-quarter net income of $2.9 billion, compared with net income of $3.0 billion a year ago. Earnings per share was $4.08, down 2 percent from $4.15 a year ago, or up 17 percent excluding the $0.66 gain from the sale of Accertify in the prior year. (Millions, except per share amounts, and where indicated) Quarters Ended June 30, Percentage Inc/(Dec) Six Months Ended June 30, Percentage Inc/(Dec) 2025 2024 2025.
There isn't a money manager on Wall Street who commands more attention than Berkshire Hathaway (BRK.A 0.30%) (BRK.B 0.59%) CEO Warren Buffett -- and there's a good reason why.
American Express Company AXP will release earnings results for the second quarter, before the opening bell on Friday, July 18.