Company News: American Express (AXP) Q2 EPS beat analysts’ forecast

Market news

21 July 2016

Company News: American Express (AXP) Q2 EPS beat analysts’ forecast

American Express reported Q2 FY 2016 earnings of $2.10 per share (versus $1.42 in Q2 FY 2015), beating analysts' consensus estimate of $1.74.

The company's quarterly revenues amounted to $8.235 bln (-0.6% y/y), missing analysts' consensus estimate of $8.342 bln.

AXP fell $63.70 (-1.21%) in pre-market trading.

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