American Express (AXP) Sees FY8 EPS at High-End of $6.90 to $7.30

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American Express Reports First-Quarter EPS of $1.86

April 18, 2018 4:05 PM EDT

Revenues Rise 12 Percent Driven by Higher Card Member Spending and Loan Growth

Company Expects 2018 EPS at High-End of $6.90 to $7.30 Outlook

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported first-quarter net income of $1.6 billion, up 31 percent from $1.3 billion a year ago. Diluted earnings per share was $1.86, up 38 percent from $1.35 per share a year ago.

(Millions, except percentages and per share amounts)

   

Quarters Ended

 

March 31,

Percentage

2018

 

2017

 

Inc/(Dec)

Total Revenues Net of Interest Expense   $    

9,718

    $     8,709       12   Net Income   $... More