(AXP) reported a profit of 2.89 billion US dollars for the second quarter on Friday.
- The New York-based company generated earnings per share of 4.08 US dollars.
- The results exceeded Wall Street's expectations. The average of 14 analysts polled by Zacks Investment Research were surveyed was an expected profit of 3.86 US dollars per share.
- The credit card issuer and global payment services provider generated revenue of 17.86 billion US dollarsalso above analysts' forecasts. 13 analysts polled by Zacks had predicted 17.69 billion US dollars expected.
- American Express expects full-year earnings of 15 to 15.50 US dollars per share.
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