American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit

Go back to American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit

American Express Reports Full Year 2016 EPS within Guidance Range

January 19, 2017 4:05 PM EST

Fourth Quarter EPS of $0.88 Reflects Solid Loan Growth and Card Member Spending along with Higher Investment Levels

Revenue Performance Improves Sequentially

Company Expects 2017 EPS of $5.60 to $5.80

(Millions, except percentages and per share amounts)

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported fourth-quarter diluted earnings per share of $0.88, down 1 percent from $0.89 a year ago. Excluding a restructuring charge related to cost reduction efforts, adjusted diluted earnings per share was $0.91.2

                   

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Years EndedDecember 31,

 

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          2016     2015       2016     2015   Total Revenues Net of Interest Expense   $ 8,022... More