"2024 was another strong year for American Express," CEO Stephen J. Squeri said in a statement. "We exited the year with increased momentum, with billings growth accelerating to 8 percent in the fourth quarter, driven by stronger spending from our consumer and commercial customers during the holiday season."

American Express shares fell 1.4% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.04 a share,

American Express shares fell 3.2% in morning trade and retreated from all-time highs on Friday after the company reported earnings below Wall Street expectations. However, retail sentiment on Stocktwits persevered to year highs.

American Express (AXP) reports Q4 earnings with expected EPS of $3.04 and revenues of $17.16B. Stock is reaching new 52-week high of $326.27 before report. Charts show bullish trend.

American Express Company (NYSE:AXP) shares soared to an all-time high this week, reaching a remarkable price level of $324.17. With a robust market capitalization of $227 billion and an overall "GREAT" financial health score according to InvestingPro,