American Express earnings beat expectations on strong card fee revenues
American Express on Friday reported fourth-quarter results that beat analyst expectations, sending the stock higher, as card fee revenues grew more than expected. The shares rose 2.4% in premarket trading. Here’s how the payments company’s results compared with what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
American Express on Friday reported fourth-quarter results that beat analyst expectations, sending the stock higher, as card fee revenues grew more than expected.
The shares rose 2.4% in premarket trading.
Here’s how the payments company’s results compared with what Wall Street analysts expected:
Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv
Revenue: $11.365 billion vs $11.36 billion expected
Net card fees: $1.08 billion vs StreetAccount estimate of $1.05 billion
Reported by CNBC
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