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

Market news

24 January 2020

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

American Express (AXP) reported Q4 FY 2019 earnings of $2.03 per share (versus $1.84 per share in Q4 FY 2018), beating analysts' consensus estimate of $2.01 per share.

The company's quarterly revenues amounted to $11.365 bln (+8.5% y/y), roughly in line with analysts' consensus estimate of $11.358 bln.

AXP rose to $134.70 (+2.53%) in pre-market trading.

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