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

Market news

18 January 2019

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

American Express (AXP) reported Q4 FY 2018 earnings of $1.84 per share (versus $1.58 in Q4 FY 2017), beating analysts’ consensus estimate of $1.80.

The company’s quarterly revenues amounted to $10.474 bln (+7.9% y/y), generally in line with analysts’ consensus estimate of $10.535 bln.

AXP fell to $97.50 (-2.00%) in pre-market trading.

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