Q1 Earnings Surge: Is American Express Headed for $250?

American Express (NYSE:AXP) impressed investors with its Q1 2024 earnings report released on April 19th. The company showcased robust growth, with revenue climbing 11% to $15.8 billion and earnings per share (EPS) surging 39% to $3.33, surpassing expectations. Key drivers of this performance included higher net interest income and increased Card Member spending. Despite a […]