Company News: American Express (AXP) posts mixed quarterly results

Market news

23 April 2021

Company News: American Express (AXP) posts mixed quarterly results

American Express (AXP) reported Q1 FY 2021 earnings of $2.74 per share (versus $1.98 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.48 per share.

The company’s quarterly revenues amounted to $9.064 bln (-12.1% y/y), missing analysts’ consensus estimate of $9.189 bln.

AXP fell to $146.00 (-0.79%) in pre-market trading.

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