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American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance.

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Cardmember spending drives American Express second-quarter profits soaring 39%

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American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying

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American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance

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NEW YORK (AP) — American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance. Profit reached $3.02 billion, compared to $2.17 billion in the same period a year ago. On a per-share basis,…

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American Express Co's Q2 revenue of $16.33B missed estimates, but EPS beat expectations. Card member spending increased, while expenses and credit losses also rose. FY24 outlook reiterated with expected revenue growth of 9-11% and EPS of $13.30-13.80. AXP shares down 1.79% premarket at $244.75.

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American Express Q2 Earnings: CEO Raises Annual Profit And Marketing Spend Outlook After Q2 Profit Beat - American Express (NYSE:AXP)

NEW YORK (AP) — American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance. Profit reached $3.02 billion, compared to $2.17 billion in the same period a year ago. On a per-share basis, AmEx earned a profit of $4.15. Excluding one-time gains, AmEx earned $3.49 per share, handedly beating analyst’s foreca…

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Cardmember spending drives American Express second quarter profits soaring 39%

American Express said second quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance.

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American Express said second quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance.Profit reached 3.02 billion, compared to $2.17 billion in the same period a year ago. On a per-share basis, AmEx earned a profit of $4.15 a share.Excluding one-time gains, AmEx earned $3.49 a share, handedly beating analyst’s forecasts of $3.24 a share…

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American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance.Profit reached $3.02 billion, compared to $2.17 billion in the same period a year ago. On a per-share basis, AmEx earned a profit of $4.15. Excluding one-time gains, AmEx earned $3.49 per share, handedly beating analyst’s forecasts of $3.24 per …

Cardmember spending drives American Express second-quarter profits soaring 39%

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