American Express reported second-quarter revenue of $19.64 billion, a 10% increase from the same period last year, while earnings per share came in at $4.53 compared to $4.08 a year ago. Revenue matched the Zacks Consensus Estimate exactly, and EPS exceeded the consensus estimate of $4.41 by 2.72%. Key metrics showed network volumes of $516.80 billion, below the $520.90 billion analyst estimate, and billed business of $455.80 billion, missing the $459.77 billion estimate. Total non-interest revenues were $14.99 billion, slightly under the $15.04 billion estimate, while net interest income of $4.65 billion fell short of the $4.67 billion estimate. Shares have returned negative 0.5% over the past month, underperforming the S&P 500's 0.6% gain, and the stock carries a Zacks Rank of 3, indicating expected performance in line with the broader market.
American Express CompanyEPS beat estimates and revenue matched consensus, indicating strong financial performance.