The credit card company’s net income declined 4% to $2.89 billion and earnings per share slipped 2%. Its sale of the fraud-prevention company Accertify in 2024 added a big gain to last year’s second-quarter earnings.

American Express (AXP) reaffirmed its earnings guidance for 2025, projecting an 8% to 10% revenue growth and EPS between $15.00 and $15.50. Despite reporting record card spending for Q2 2025 with $4.08 earnings per share and a 9% revenue increase,

American Express (AXP) stock gained 2.0% in Friday premarket trading after the credit card lender posted stronger-than-expected Q2 earnings as consumers continued to spend and credit quality remained strong.