Earnings Summary

American Express Co.’s revenue jumped 8.5% since last year same period to $16333Mn in the Q2 2024. On a quarterly growth basis, American Express Co. has generated -8.3% fall in its revenue since last 3-months.

American Express Co.’s net profit jumped 38.68% since last year same period to $3015Mn in the Q2 2024. On a quarterly growth basis, American Express Co. has generated 23.72% jump in its net profits since last 3-months.

American Express Co.’s net profit margin jumped 27.82% since last year same period to 18.46% in the Q2 2024. On a quarterly growth basis, American Express Co. has generated 34.91% jump in its net profit margins since last 3-months.

American Express Co.’s price-to-earnings ratio after this Q2 2024 earnings stands at 17.98.

American Express Co.’s earning per share (EPS) estimates for the current quarter stand at 3.3 - a 1.85% jump from last quarter’s estimates.

American Express Co.’s earning per share (EPS) estimates for the current year stand at 3.3.

American Express Co.’s earning per share (EPS) jumped 20.76% since last year same period to 3.49 in the Q2 2024. This indicates that the American Express Co. has generated 20.76% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. American Express Co.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. American Express Co.’s return on equity (ROE) stands at 0.35.

American Express Co. declared 0.7 dividend per share during the earnings announcement for Q2 2024.