American Express (AXP) Tops Q4 EPS by 4c, Suspends Buyback Due to Upfront Charge From Tax Act
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American Express Reports Quarterly Revenues Up 10 Percent with Record Card Member Spending
January 18, 2018 4:05 PM ESTTax Charge Drives Fourth-Quarter Loss of $1.41 Per Share; Excluding the Tax Charge, Earnings Per Share Total $1.581
Full Year Earnings Per Share Total $2.97;
Excluding
the Tax Charge, Earnings Per Share Total $5.87,1
in Line with the Companys 2017 Outlook
Outlook for 2018: Earnings Per Share of $6.90 to $7.30
NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported a fourth-quarter net loss of $1,197 million or $1.41 per share, compared with net income of $825 million or $0.88 per share a year ago.
   Â(Millions, except percentages and per share amounts)
         Quarters Ended... More
