American Express (AXP) 2024 Q3 Earnings Digest

American Express released its third-quarter earnings report, highlighting record revenues of $16.6 billion, an 8% increase from the previous year. The company also reported strong earnings per share (EPS) of $3.49, up 6% year-over-year. This strong performance led American Express to raise its full-year EPS guidance, demonstrating the company's continued investment in growth strategies and its ability to attract new premium card members, particularly among Millennials and Gen Z. The report also details the company's financial performance, including revenue growth, credit performance, and expenses.