American Express (AXP) shares edge lower as Q2 revenue falls short of expectations
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American Express Raises Full-Year Earnings Per Share Guidance
July 19, 2024 7:00 AM EDTQ2 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
