American Express Co. has reaffirmed its full-year revenue growth and profit targets, driven by continued spending from affluent clients despite economic volatility and tariff-induced uncertainty. The company projects 8% to 10% year-over-year revenue growth and earnings of $15 to $15.50 per share.
The firm’s guidance remains unchanged, but it noted that the ranges are subject to the current macroeconomic environment, indicating a cautious approach to its outlook. American Express’s decision to maintain its targets reflects the resilience of its affluent clientele, which continues to drive spending despite external economic factors.
Source: https://www.bloomberg.com/news/articles/2025-04-17/american-express-affirms-outlook-as-affluent-customers-spend-on