Trending: American Express Sees Higher 2Q Revenue
22 July 2023 - 12:06AM
Dow Jones News
9:35 a.m. ET -- American Express is one of the most mentioned
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. American Express posted higher revenue
in the second quarter as consumers continued to spend on travel,
entertainment and restaurants. The credit-card company logged net
income of $2.17 billion, or $2.89 a share, up from $1.96 billion,
or $2.57 a share, a year earlier. Analysts surveyed by FactSet were
expecting earnings of $2.81 a share. Revenue rose 12% to $15.05
billion. Analysts surveyed by FactSet were expecting revenue of
$15.41 billion. Dow Jones & Co. owns Factiva.
(chris.wack@wsj.com)
(END) Dow Jones Newswires
July 21, 2023 09:51 ET (13:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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