American Express (AXP) Tops Q4 EPS by 4c, Suspends Buyback Due to Upfront Charge From Tax Act

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Go back to American Express (AXP) Tops Q4 EPS by 4c, Suspends Buyback Due to Upfront Charge From Tax Act

American Express Reports Quarterly Revenues Up 10 Percent with Record Card Member Spending

January 18, 2018 4:05 PM EST

Tax Charge Drives Fourth-Quarter Loss of $1.41 Per Share; Excluding the Tax Charge, Earnings Per Share Total $1.581

Full Year Earnings Per Share Total $2.97;
Excluding the Tax Charge, Earnings Per Share Total $5.87,1 in Line with the Companys 2017 Outlook

Outlook for 2018: Earnings Per Share of $6.90 to $7.30

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported a fourth-quarter net loss of $1,197 million or $1.41 per share, compared with net income of $825 million or $0.88 per share a year ago.

       

(Millions, except percentages and per share amounts)

                  Quarters Ended

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