American Express (AXP) Tops Q2 EPS by 26c, Offers Guidance

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Go back to American Express (AXP) Tops Q2 EPS by 26c, Offers Guidance

American Express Raises Full-Year Earnings Per Share Guidance

July 19, 2024 7:00 AM EDT

Q2 EPS Increased 44% to $4.15, or 21% to $3.49 Excluding a Transaction Gain1

Revenue Grew 8% (9% FX-Adjusted2) to Record $16.3 Billion

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported second-quarter net income of $3.0 billion, or $4.15 per share, compared with net income of $2.2 billion, or $2.89 per share, a year ago. Second-quarter earnings per share included a $0.66 gain from the sale of Accertify, which closed during the quarter. Excluding the transaction gain, adjusted EPS was $3.49, up 21 percent from the prior year.1

(Millions, except per share amounts, and... More