American Express (AXP) Tops Q2 EPS by 16c

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American Express Second-Quarter Revenue Increases 31% to $13.4 Billion

July 22, 2022 7:00 AM EDT

Record Card Member Spending Driven by Robust Travel and Entertainment Rebound

Excellent Credit Performance Reflects Strength of Premium Customer Base

Second-Quarter Earnings Per Share Was $2.57

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported second-quarter net income of $2.0 billion, or $2.57 per share, compared with net income of $2.3 billion, or $2.80 per share, a year ago.

($ in millions, except per share amounts, and where... More