American Express (AXP) Tops Q2 EPS by 10c

American Express Reports Second Quarter EPS of $1.42, versus $1.43 a Year Ago

July 22, 2015 4:02 PM EDT

Performance Reflects Expense Controls, Higher Loans and Card Member Spending, Which Helped to Mitigate the Impact of Stronger U.S. Dollar and Year-Ago Business Travel Benefits

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported second-quarter net income of $1.47 billion, down from $1.53 billion a year ago. Diluted earnings per share decreased 1 percent to $1.42, from $1.43 a year ago.

 

(Millions, except percentages and per share amounts)

          Quarters Ended

June 30,

    Percentage

Inc/(Dec)

    Six Months Ended

June 30,

    Percentage

Inc/(Dec)

          2015     2014           2015     2014       Total Revenues Net of Interest Expense         $ 8,284     $ 8,631     (4)%... More