American Express (AXP) Tops Q1 EPS by 11c
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American Express First Quarter EPS of $1.48, up 11% from a Year Ago; Higher Card Member Spending and Loans Drive Core Performance; Operating Expenses Remain Well Controlled
April 16, 2015 4:02 PM EDTNEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported first-quarter net income of $1.5 billion, up 6 percent from $1.4 billion a year ago. Diluted earnings per share rose 11 percent to $1.48, from $1.33 a year ago.
(Millions, except percentages and per share amounts)
    Quarters EndedMarch 31,
PercentageInc/(Dec)
2015 Â Â 2014 Total Revenues Net of Interest Expense $ 7,950 $ 8,173 (3 )% Net Income $ 1,525 $ 1,432 6 %... More