BofA/Merrill Lynch Upgrades American Express (AXP) to Neutral

American Express Reports Third Quarter EPS of $1.20

October 19, 2016 4:05 PM EDT

Raises Full Year Guidance and Reaffirms 2017 Outlook

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported third-quarter diluted earnings per share of $1.20, down 3 percent from $1.24 a year ago. Excluding a restructuring charge related to cost reduction efforts, adjusted diluted earnings per share was $1.24.2

           

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            2016         2015         2016         2015       Total Revenues Net of Interest Expense     $ 7,774       $ 8,193     (5)   $ 24,097       $ 24,427       (1) Net Income     $ 1,142    ... More