Look out for AXP's next earnings release expected on July 19, 2024. For the next earning release, we expect the company to report earnings of $3.27 per share, reflecting a year-over-year increase of 13.15%.

“We have started 2024 off strong, with our first-quarter results reflecting the positive trends we have seen in our business the last several years,” said Stephen J. Squeri, Chairman and Chief Executive Officer. “Revenue increased 11 percent from a year earlier to $15.8 billion and EPS increased 39 percent to $3.33.

American Express earns most of its money through discount revenue, primarily represented by earnings on transactions that take place with partner merchants. The company also generates revenue from cardholders through annual membership fees, interest on outstanding balances, conversion fees, and more.

PwC has been our independent auditor since 2005.