Shares of American Express AXP moved higher by 1.6% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 1.49% over the past year to $1.98, which beat the estimate of $1.43.
Revenue of $10,310,000,000 lower by 0.52% from the same period last year, which missed the estimate of $10,650,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
American Express hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Apr 24, 2020
Time: 01:02 AM ET
Webcast URL: https://ir.americanexpress.com/
Recent Stock Performance
52-week high: $138.13
52-week low: $67.00
Price action over last quarter: down 35.78%
Company Description
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
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