American Express Says Guidance 'Appropriate' -- Market Talk

Dow Jones2025-04-18

1226 ET - American Express is keeping its full-year guidance unchanged, CEO Stephen Squeri says on a call with analysts. The credit card company is basing guidance on the stability in consumer spend it has seen to date. "While we recognize that uncertain that uncertainty in the environment has increased, the guidance incorporates the changes that we see in the macroeconomic outlook," Squeri says. The CEO sees full-year revenue growth of 8% to 10% and EPS of $15 to $15.50. "Given the balance of factors, we believe this guidance is appropriate," CFO Christophe Le Caillec says. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

April 17, 2025 12:26 ET (16:26 GMT)

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