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

Market news

24 April 2020

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

American Express (AXP) reported Q1 FY 2020 earnings of $1.98 per share (versus $2.01 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.67 per share.

The company's quarterly revenues amounted to $10.310 bln (-0.5% y/y), missing analysts' consensus estimate of $10.671 bln.

AXP rose to $84.47 (2.44%) in pre-market trading.

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