American Express Reports First-Quarter Revenue of $10.3 Billion and Earnings Per Share of $0.41
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
American Express (AXP) Tops Q1 EPS by 50c; Warns COVID-19 'Dramatically' Impacted Volumes
April 24, 2020 7:00 AM EDTAmerican Express (NYSE: AXP) reported Q1 EPS ex-reserve build of $1.98, $0.50 better than the analyst estimate of $1.48. Revenue for the quarter came in at $10.3 billion versus the consensus estimate of $10.71 billion.
Including reserve builds of $1.7 billion, which reflect deterioration of the global estimated macroeconomic outlook as a result of COVID-19 impacts, earnings were $0.41.
The first two months of 2020 continued the strong momentum we have delivered over the past two years, but were now in a different world, said Stephen J. Squeri, Chairman and Chief Executive Officer. The deterioration in the economy due... More
