MAAT INDEX

CLAIM #8266 · American Express Company (AXP) · 2022Q4 earnings call · Jan 27, 2023 · due Dec 31, 2023

Specifically, we expect revenue growth of 15% to 17%, which is higher than our long-term growth plan aspirations and EPS of $11 to $11.40.

Stephen Squeri · CEO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

act a growing network of merchants and partners who add more value to our membership model, which in turn enables us to attract more premium customers who attract more merchants and partners, which creates more scale. This scale enables us to generate more investment and operating efficiencies in our membership model making it more difficult for our competitors to catch up. So what does this mean for 2023? Our plan for this year is built on continuing our investment strategy in the areas I mentioned while factoring in the blue-chip economic consensus for slowing macroeconomic growth. And as always, we have plans in place to pivot should the economic environment change dramatically. This translates into 2023 guidance consistent with what we originally laid out in our growth plan last year. Specifically, we expect revenue growth of 15% to 17%, which is higher than our long-term growth plan aspirations and EPS of $11 to $11.40. In addition, we plan to increase our quarterly dividend on common shares outstanding to $0.60 a share, up from $0.52 beginning with the first quarter 2023 dividend declaration. To sum up, our 2022 performance shows that our strategy is working. And based on our performance to-date and what we see for 2023, I am even more confident in our ability to achieve our aspirations for double-digit annual revenue growth and mid-teens EPS growth in 2024 and beyond. I will now turn it over to Jeff to provide more detail about our performance. As always, we will have a Q&A session after Jeff’s remarks. Jeff Campbell: Well, thank you, Steve and good morning, everyone. It’s good to be here to talk about our ‘22 results, which reflects steady progress against our multiyear growth plan that we announced l

Verify independently

SEC filings for AXP · Claim quote is verbatim from the 2022Q4 earnings call.