Company News: American Express (AXP) Q2 results beat analysts’ expectations

Market news

20 July 2017

Company News: American Express (AXP) Q2 results beat analysts’ expectations

American Express (AXP) reported Q2 FY 2017 earnings of $1.47 per share (versus $2.10 in Q2 FY 2016), beating analysts' consensus estimate of $1.44.

The company's quarterly revenues amounted to $8.307 bln (+0.9% y/y), beating analysts' consensus estimate of $8.205 bln.

The company also reaffirmed guidance for FY 2017, projecting EPS of $5.60-5.80 analysts' consensus estimate of $5.70.

AXP fell to $84.90 (-1.2%) in pre-market trading.

Company News: Travelers (TRV) Q2 EPS miss analysts’ estimate

ECB holds the interest rate at 0.00%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.