American Express (AXP) reported Q1 FY 2019 earnings of $2.01 per share (versus $1.86 in Q1 FY 2018), beating analysts’ consensus of $1.97.
The company’s quarterly revenues amounted to $10.364 bln (+6.6% y/y), generally in line with analysts’ consensus estimate of $10.462 bln.
The company also reaffirmed guidance for FY 2019, projecting EPS of $7.85-8.35 versus analysts’ consensus estimate of $8.13.
AXP fell to $110.40 (-1.22%) in pre-market trading.