Company News: American Express (AXP) quarterly earnings beat analysts’ forecast

Market news

19 July 2018

Company News: American Express (AXP) quarterly earnings beat analysts’ forecast

American Express (AXP) reported Q2 FY 2018 earnings of $1.84 per share (versus $1.47 in Q2 FY 2017), beating analysts' consensus estimate of $1.81.

The company's quarterly revenues amounted to $10.002 bln (+9.0% y/y), generally in-line with analysts' consensus estimate of $10.047 bln.

AXP closed Wednesday's trading session at $102.98 (+1.81%).

Thank you to Novartis for not increasing your prices on prescription drugs. Likewise to Pfizer...@realDonaldTrump

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