American Express (AXP) Tops Q2 EPS by $1.28
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American Express Reports Second-Quarter Revenue of $10.2 Billion and Earnings Per Share of $2.80
July 23, 2021 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported second-quarter net income of $2.3 billion, or $2.80 per share, compared with net income of $257 million, or $0.29 per share, a year ago. The results reflected the impact of $866 million ($658 million after tax) in credit reserve releases2, primarily driven by the companys strong credit performance and continued improvements in the macroeconomic outlook.
(Millions, except percentages and per share amounts)
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