American Express crushes earnings expectations
Advertisement
American Express posted a big beat on earnings after Wednesday's closing bell.
Advertisement
The financial-services giant earned $1.45 in adjusted earnings per share, on revenues of $8.1 billion.
Analysts had expected EPS of $1.33, and revenues of $8.05 billion, according to Bloomberg.
The company reaffirmed its forecasts for full-year earnings.
Its shares had fallen about 15% over the last year through to Wednesday's close. They rose by as much as 2% in after-hours trading before trading little changed.
Advertisement
More to come ...
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Deloitte projects India's FY25 GDP growth at 6.6%
- Italian PM Meloni invites PM Modi to G7 Summit Outreach Session in June
- Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
- Sustainable Waste Disposal
- RBI announces auction sale of Govt. securities of ₹32,000 crore