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American Express Co. (AXP) reported a profit for its second quarter that advanced from last year.


RTTNews | Jul 23, 2021 07:05AM EDT

07:04 Friday, July 23, 2021 (RTTNews.com) - American Express Co. (AXP) reported a profit for its second quarter that advanced from last year.

The company's bottom line totaled $2.28 billion, or $2.80 per share. This compares with $0.26 billion, or $0.29 per share, in last year's second quarter.

Analysts had expected the company to earn $1.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.3% to $10.24 billion from $7.68 billion last year.

American Express Co. earnings at a glance:

-Earnings (Q2): $2.28 Bln. vs. $0.26 Bln. last year.-EPS (Q2): $2.80 vs. $0.29 last year.-Analysts Estimate: $1.58-Revenue (Q2): $10.24 Bln vs. $7.68 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3211444/american-express-co-announces-advance-in-q2-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

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