Company News: American Express (AXP) quarterly results beat analysts’ expectations

Market news

23 July 2021

Company News: American Express (AXP) quarterly results beat analysts’ expectations

American Express (AXP) reported Q2 FY 2021 earnings of $2.80 per share (versus $0.29 per share in Q2 FY 2020), beating analysts’ consensus estimate of $1.62 per share.

The company’s quarterly revenues amounted to $10.243 bln (+33.5% y/y), beating analysts’ consensus estimate of $9.590 bln.

AXP rose to $177.97 (+4.14%) in pre-market trading.

AUD/USD stays side-lined between 0.7320 and 0.7450 - UOB

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