Market Overview

American Express Reports Mixed Q2 Earnings

American Express Reports Mixed Q2 Earnings

American Express (NYSE: AXP) reported second quarter earnings of $2.07 per share, which beat the analyst consensus estimate of $2.04. This is a 12.5% increase over earnings of $1.84 per share from the same period last year.

The company reported quarterly sales of $10.8 billion, which missed the analyst consensus estimate of $10.82 billion. This is a 7.98% increase over sales of $10.002 billion the same period last year.

"We continued the broad-based momentum throughout our business with the eighth straight quarter of FX-adjusted revenue growth at 8 percent or better," said CEO Steve Squeri. "Once again, our performance was driven by a well-balanced mix of spending volumes, lending income and card fees.

American Express shares are trading lower by 0.33% at $127.97 in Friday’s pre-market session. The stock has a 52-week high of $129.34 and a 52-week low of $89.05.

Related Links:

Earnings Scheduled For July 19, 2019

Novartis Trades Higher On Q2 Earnings, Guidance Raise

Posted-In: Earnings News Best of Benzinga


Related Articles (AXP)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Kansas City Southern Reports Q2 Earnings Beat

Cleveland-Cliffs Trades Higher On Q2 Earnings Beat